Related Experiment Video
Updated: Oct 25, 2025

13:04
Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
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Basket of options: Unpacking the concept
Summary
Offering farmers a diverse
Area of Science:
- Agricultural Science
- Development Economics
- Technology Adoption
Background:
- Stimulating technological change in agriculture is key to boosting productivity and reducing poverty.
- Farm households and rural areas exhibit significant heterogeneity, complicating technology dissemination.
- The 'basket of options' approach, offering diverse agricultural technologies, is a proposed solution.
Purpose of the Study:
- To critically examine the 'basket of options' approach for agricultural technology adoption.
- To explore the dimensions, content, and presentation of technology baskets.
- To identify knowledge gaps in guiding farmers' selection of appropriate technologies.
Main Methods:
- Conceptual analysis of the 'basket of options' framework.
- Defining basket dimensions: depth (options per problem) and breadth (problems addressed).
- Examining the trade-offs between option diversity and individual relevance.
Main Results:
- Baskets of options can stimulate technological change and learning through farmer selection and adaptation.
- Basket dimensions should align with problem framing and objectives.
- Increased options may decrease relevance for individual users, highlighting a key trade-off.
Conclusions:
- Baskets of options serve as boundary concepts, encouraging engagement and discussion.
- Further research is needed on optimal presentation and guidance for technology selection.
- Effective implementation requires understanding farmer-specific needs and learning processes.
Keywords:
Agricultural innovationagricultural extensionco-learningoption x contextsmallholder agricultureMore Related Videos
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