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How do Zambian smallholder farmers allocate their budget? Evidence of dynamic decision-making based on a Cournot field experiment
(Gerber et.al., 2017)
Smallholder farmers in sub-Saharan Africa repeatedly face situations of complex and dynamic decision trade-offs, which include allocating money across short-term and long-term production activities. Short-term activities ...
Cournot markets in the field: Dynamic decision- making in non-standard markets
(Lara-Arango et. al., 2017)
The Cournot economic model is very useful for representing atomized markets in laboratory experiments. Ideally, such experiments are designed following a set of conditions in order to use the model properly. However, ...