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Environment for Development Center for Central America
Although field experimental methods are the workhorse of researchers interested in risk preferences, practitioners find surveys easier to implement. This paper compares results from experimental versus survey-based methods to elicit farmers’ risk attitudes, in context-free and context-specific decision settings. We then explore how the different survey estimates of risk preferences relate to real-life farming choices in a population of coffee farmers in Costa Rica.
This paper examines the effect of farmers’ liability on demand for credit with and without insurance. We test predictions of a theoretical model in a lab in the field experiment with coffee farmers in Costa Rica.
The productivity of certain crops such as coffee (Coffea arabica L.), maize (Zea mays) and beans (Phaseolus vulgaris L.) is expected to decline in Central America because of climate change. This will impact regional economies and livelihoods of smallholder farmers relying on these crops for their food security and livelihoods.
Climate change will affect the distribution, productivity and profitability of coffee production in Central America, negatively impacting national economies and small farmer livelihoods.