This presentation is based on the AMA Innovation Lab projects throughout Africa. This research seeks to explore the growing gap between the rural poor farmers of Africa and their barriers relating to adopting new technologies.
A randomized trial in urban Ghana for microenterprises separated participants by providing advice from an international consulting firm, cash, both, or nothing. The treatments led to immediately expected results, however, no treatment let to higher profits on average so businesses reverted to previous practices.
This presentation took place in University of California Davis, United States describing how perfect forecasting is better than agricultural insurance.
This study uses a randomized experiment to investigate 1) the role of crop-price risk in reducing demand for credit among farmers and 2) how risk mitigation changes farmers’ investment decisions.