Much of neoclassical economics is concerned with prices—more specifically, with relative
prices. Similarly, economists have studied behavior in the face of risk and uncertainty for at …

Many countries use trade policy to insulate their domestic markets from price volatility.
However, there is a widespread concern that such policies—particularly export restrictions …

Households in developing countries often face variation in the prices of consumption goods.
We develop a model demonstrating that in-kind transfers will provide insurance benefits …

We analyze how individual risk aversion changes in response to shocks in an agrarian
setting, and the role of changes in yields and prices as two potential channels. To do so we …

In the last half‐century, development economics has gone from being a fringe field of
economics to being at the very centre of the discipline, and the field's foremost proponents …

Many agricultural commodities are traded in both forward and spot markets. This paper
studies the interplay of random yield and forward market in a hybrid market with spot and …

The article introduces various articles and topics covered in the issue including the
contributions which behavioral economics can make to understanding attitudes toward price …

Agricultural producers face significant yield uncertainty which can cause unpredictable
outputs and volatile prices of agricultural commodities. They usually trade those …

This study investigates the e ect of co ee and maize prices separately on the the probability
of child marriage in Ethiopia. The empirical results indicate that households implement child …

One of the foundational works in behavioral economics examines how individuals deal with
choice when facing uncertain or risky outcomes. While much of this literature focuses on …