On the role of information in decision making: the case of sorghum yield in Burkina Faso

Chavas, J-P and Kristjanson, P M and Matlon, P (1991) On the role of information in decision making: the case of sorghum yield in Burkina Faso. Journal of Development Economics, 35 (2). pp. 261-280. ISSN 0304-3878

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Abstract

This paper investigates the role of temporal uncertainty and information issues in economic decisions. It shows that the nature of the economic environment (e.g., the production technology) can influence the valuation of information, which in turn affects the choice functions. This is illustrated by an empirical application to sorghum yield response analysis in Burkina Faso. The paper stresses the importance of technology and information valuation in risk behaviour

Item Type:	Article
Divisions:	UNSPECIFIED
CRP:	UNSPECIFIED
Subjects:	Mandate crops > Sorghum Others > Agriculture-Farming, Production, Technology, Economics
Depositing User:	Mr B K Murthy
Date Deposited:	15 Jul 2014 06:02
Last Modified:	15 Jul 2014 06:02
URI:	http://oar.icrisat.org/id/eprint/8167
Official URL:	http://dx.doi.org/10.1016/0304-3878(91)90051-V
Projects:	UNSPECIFIED
Funders:	World Bank
Acknowledgement:	UNSPECIFIED
Links:	Google Scholar

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