We elicit the risk preferences of a sample of French farmers in a field-experiment setting, considering both expected utility and cumulative prospect theory. Under the EU framework, our results show that farmers are characterised by a concave utility function for gain outcomes implying risk...

This study proposes an econometric analysis of household fuelwood demand in France. The choice concerning the energy used for heating is modeled, stressing the combination between one type of energy used as a main source and another one used as a back-up. This endogenous decision has an impact...

In a laboratory experiment we test three regulations imposed on a common-pool resource game with heterogeneous users: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. We calibrate the game so that all regulations improve users’ profits compared to free-access...

The impact of regulation of efforts to minimize costs has been widely discussed, but remains difficult to measure. The sophisticated regulation of water utilities in Wisconsin allows us to attempt such on assessment since different firms can be under different regulatory regimes (price cap or...

This study proposes an econometric analysis of household fuelwood demand in France. The choice concerning the energy used for heating is modeled, stressing the combination between one type of energy used as a main source and another one used as a back-up. This endogenous decision has an impact...