2018
DOI: 10.1016/j.socec.2018.04.011
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Experimental insights on the investment behavior of small-scale coffee farmers in central Uganda under risk and uncertainty

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Cited by 18 publications
(8 citation statements)
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“…NPC bidders fail to recognize the flexibility of non-realization embedded in the auctioned contracts, while OBC bidders factor it in. Existing litera-ture provides evidence for the existence of both bidder types [e.g., Paddock et al, 1988, Quigg, 1993, Graham and Harvey, 2001, Moel and Tufano, 2002, Cunningham, 2006, Bulan et al, 2009, Denison et al, 2012, Wang et al, 2012, Kellogg, 2014, Holst et al, 2016, Ihli et al, 2018 and Matthäus et al [2019] investigates the matter empirically for the case of renewable electricity support auctions in the United Kingdom and Germany. The empirical approach elicits a share of 35 % NPC bidders in the German auction for o↵-shore wind support, which we employ in the present model as well.…”
Section: Multi-unit Procurement Auctionmentioning
confidence: 99%
“…NPC bidders fail to recognize the flexibility of non-realization embedded in the auctioned contracts, while OBC bidders factor it in. Existing litera-ture provides evidence for the existence of both bidder types [e.g., Paddock et al, 1988, Quigg, 1993, Graham and Harvey, 2001, Moel and Tufano, 2002, Cunningham, 2006, Bulan et al, 2009, Denison et al, 2012, Wang et al, 2012, Kellogg, 2014, Holst et al, 2016, Ihli et al, 2018 and Matthäus et al [2019] investigates the matter empirically for the case of renewable electricity support auctions in the United Kingdom and Germany. The empirical approach elicits a share of 35 % NPC bidders in the German auction for o↵-shore wind support, which we employ in the present model as well.…”
Section: Multi-unit Procurement Auctionmentioning
confidence: 99%
“…Financial barriers deal with the user's background, wealth and financial literacy (Agnew and Szykman, 2005;Banks, Crawford, and Tetlow, 2015;Kim, Maurer, and Mitchell, 2016;Ihli, Gassner, and Musshoff, 2018). In has been noted that financial barrier affects intention in case of using photovoltaic systems (Nakada, Shin, and Managi, 2016), and taking up undergraduate studies (Hung, 2010).…”
Section: Financial Barriersmentioning
confidence: 99%
“…Many researchers have identified and approached this question by either developing easier tasks (Lejuez et al, 2002;Crosetto & Filippin, 2013) or by adjusting the design of complex tasks to decrease inconsistencies. Examples for this strategy include employing better illustration of complex tasks (Ihli et al, 2018) or coining a task in a domain specific manner by framing a complex lottery in a real life and context specific scenario (Rommel et al, 2019) or by relying on contextual framing means such as bills to illustrate rewards (Estepa-Mohedano & Espinosa, 2021). However, the preceding yet open question is: Why do rural poor participants not understand complex tasks?…”
Section: Introductionmentioning
confidence: 99%