Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
Two important risks faced by many smallholder farmers in Sub-Saharan Africa are erratic weather patterns and insecure land tenure. It is likely these risks will increasingly interact as projections of more erratic weather make small-scale farming more difficult and demand for rural land grows. This paper asks how farmers in Western Tanzania view these compound risks and the influence this has on levels of investment in adaptive agricultural technologies and the demand for land certification in a lab-in-the-field setting.