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...

We develop a dynamic data-consistent method to estimate agricultural land use choices at a disaggregate (district) level, using more aggregate (regional-level) data. The disaggregation procedure consists of two steps. First, we estimate a dynamic model of land use at the regional level, then we...