Weather Uncertainty and Demand for Information in Agricultural Technology Adoption: The Case of Namibia

Submitted by Eugenia Leon on

Climate change has compounded the uncertainties inherent in agriculture. Farmers have to make decisions faced with increasingly fluctuating weather, leaving them vulnerable. Access to climate-related information in developing countries, incidentally also the hardest hit by the adverse effects of climate change, is very limited. Given a choice set of technologies that yield different payoffs depending on seasonal weather outcomes, ambiguity arising from imprecise weather information may lead to sub-optimal choices.

Agriculture