Publication: Long-Term Investment Choices for Quinoa Farmers in Puno, Peru: A Real Options Case Study
Long-Term Investment Choices for Quinoa Farmers in Puno, Peru: A Real Options Case Study
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Chesney, M., Vargas, C., & Balietti, A. (2018). Long-Term Investment Choices for Quinoa Farmers in Puno, Peru: A Real Options Case Study. International Journal of Food and Agricultural Economics, 6(4), 1–19. http://www.foodandagriculturejournal.com/
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Abstract
The goal of this article is to assess the optimal choices of a smallholder quinoa farmer in the Puno region of Peru, in terms of his decision if and when to undertake certain investments that are expected to increase quinoa yield and crop resistance to harsh weather conditions, such as frost. We focus on two irreversible options, namely quinoa variety management andWaruWaru. The former alternative considers the option of the farmer to switch from his business-as-usual quinoa variety to one that has different yield and frost resistance
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Citations
Chesney, M., Vargas, C., & Balietti, A. (2018). Long-Term Investment Choices for Quinoa Farmers in Puno, Peru: A Real Options Case Study. International Journal of Food and Agricultural Economics, 6(4), 1–19. http://www.foodandagriculturejournal.com/