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The dissertation develops a theoretical model to examine the effects of limited liability contracting on learning-by-doing and capital investment within a new agricultural industry. The theoretical model applies to many new bio-based industries, where novel crops are being used to produce goods,
Two policy goals dominate United States’ agricultural programs: voluntary land retirement for environmental purposes and countercyclical income support. Traditionally, these goals have been pursued with separate policies. This policy separation is efficient with perfect information regarding farm productivity. A more realistic assumption,
International clamor regarding the potential degradation of the environment in developing countries due to opening to trade has been an important issue that has moved from the streets into academic studies. This dissertation links the effect of opening to trade on resource
With tropical deforestation a major contributor to greenhouse gas emissions and biodiversity loss, the land use decisions of small-scale farmers at the forest margins have important implications for the global environment. In some tropical forests, such as the Eastern Brazilian Amazon, farmers
In agricultural labor exchange, farmers temporarily pool their labor into teams and complete a task on each team member’s plot in succession. Labor time is exchanged between team members under strict reciprocity and without pay. The use of agricultural labor exchange in