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Business Dynamics and Informal Contracts: Experimental Evidence from the Cowpea Street Food Sector in West Africa AgEcon
Otoo, Miriam; Fulton, Joan R.; Wu, Steven Y.; Ibro, Germaine.
We use field experiments in Niger to investigate the nature and efficiency of contractual structures in market transactions between kossai vendors and cowpea grinders (key input suppliers). Three contractual structures were employed: gift contract, standard price contract and discretionary bonus contract (most incomplete). Gift contracts and standard price contracts involve an upfront payment of grinding fees where discretionary bonus contracts involve payment after the quality of service is observed. Gift contracts were found to be the most ex-ante efficient with the highest acceptance rates. Discretionary bonus contracts (most incomplete) were the most ex-post efficient that is, resulted in the highest quality. Our results suggest that the degree of...
Tipo: Conference Paper or Presentation Palavras-chave: Incomplete contracts; Street food vendors; Experimental economics; International Development.
Ano: 2010 URL: http://purl.umn.edu/61458
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Evaluating the Effectiveness of Alternative Extension Methods: Triple-Bag Storage of Cowpeas by Small-Scale Farmers in West Africa AgEcon
Moussa, Bokar; Otoo, Miriam; Fulton, Joan R.; Lowenberg-DeBoer, James.
This study examined two questions related to the adoption of triple-bag storage technology for farmers storing cowpeas in West Africa. First the effect of an extension program, focused on village demonstrations, on adoption was considered. Second, the effect of radio messages to augment this extension program was analyzed. The results indicate that adoption was positively affected by the extension program and radio messages do augment the effectiveness.
Tipo: Conference Paper or Presentation Palavras-chave: Effective extension methods; Cowpeas; Hermetic storage; Teaching/Communication/Extension/Profession.
Ano: 2009 URL: http://purl.umn.edu/49448
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Potential Demand for a New Value-Added Cowpea Product as Measured by the Willingness-to-Pay for Cowpea Flour in West Africa AgEcon
Otoo, Miriam; Fulton, Joan R.; Ibro, Germaine.
The objective of this paper is to assess the potential demand for a new value-added cowpea product – cowpea flour for purchase by women street food vendors. We use a non-hypothetical real purchase decision mechanism that involves real purchase exchanges of 1 kg packages of cowpea flour in a real market environment in Niamey, Niger. Completed market transactions were bounded between an upper and lower limit price. Our results indicate that kossai vendors’ willingness-to-pay (WTP) for 1kg of cowpea flour exceeds the costs of production including a retail margin. Differences in WTP averages for different groups of vendors (economic status, vendor processor type and scale of production) were found to be statistically significant. Potential exists for...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Demand and Price Analysis; Food Security and Poverty; International Development; Willingness-to-Pay; Real Purchase decision mechanism; Cowpea-based street foods.
Ano: 2010 URL: http://purl.umn.edu/61434
Registros recuperados: 3
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