This paper analyses the role of risk and rate of time preference in the choice of land contracts. The analysis builds on the risk-sharing and imperfect market explanations of contract choice. Unique…

We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers can accept the highest standing bid or ask for another bid at positive costs. We…

Results indicate that visitors look at the behavior of others in deciding if and how much to donate, but partially reject being told what to do. Also, as the social reference moves farther away from…

A theoretical model of the ethical preferences of individuals is tested by conducting a choice experiment on safety-enhancing road investments. The relative value of a saved life is found to decrease…

Through rapid assessment of existing literature and review of policy and other official documents, the report synthesizes the existing knowledge and gaps on policies and institutions and identifies…

In many cities of developing countries, such as Mekelle (Ethiopia), waste management is poor and solid wastes are dumped along roadsides and into open areas, endangering health and attracting vermin…

Accelerating economic growth and poverty reduction are and continue to be the critical policy challenges in Ethiopia. The sluggish growth in agriculture coupled with lack of broad-based economic…

This study analyses the determinants of off-farm work participation decisions of farm households in Ethiopia. A bivariate probit model is applied to account for the simultaneity of participation…

The design of a sensor-placement scheme capable of detecting all possible contamination events for a water distribution system before consumers are put at risk is essentially impossible given current…

Numerous experimental studies have lent credence to the hyperbolic discounting model, which posits that individuals are impatient about immediate or near-term consumption decisions, but are relatively…