Question

is necessary for the success of agriculture marketing​

Answer 1

Answer:

However, there are several difficulties that need to be addressed before the full benefits of these policies are realised. The first one is what the behavioural economists call the ‘time-inconsistency’ problem, or in simple terms, the policy credibility problem. This situation arises when a decision maker’s preferences change over time in such a way that the preferences are inconsistent at different points in time. Why is this problem relevant in the present context? Because the policy signals are not very clear in the last few years as relates to agricultural marketing, as we will see below

Explanation:

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