We study the consumers' preferences for the various attributes of a product. We consider that the consumers'choices are not guided by observed characteristics of a product, but by the quality perception consumers have on these attributes. Our model integrates this issue by means of latent...

The Laboratory of Forestry economics (LEF) was created in 2000 as a joint research unit of the French Institute of Forestry, Agricultural and Environmental Engineering (ENGREF) and the National Institute of Agronomic research (INRA). The mission of the LEF is to conceive, develop, and transfer...

A usual explanation to low levels of contribution to public goods is the fear of getting the sucker’s payoff (cooperation by the participant and defection by the other players). In order to disentangle the effect of this fear from other motives, we design a public good game where people have...

The aim of the paper is to analyse the consequences of Sustainable Forest Management (SFM) on the forest sector and social welfare. In a context where buyers are free to choose an outside option (alternative material), we analyse the optimal management behaviour of foresters. A vertical...

A usual explanation to low levels of contribution to public goods is the fear of getting the sucker’s payoff (cooperation by the participant and defection by the other players). In order to disentangle the effect of this fear from other motives, we design a public good game where people have...

The purpose of this paper is to investigate whether organic foods are used to signal and build status. Bourdieu’s (1979; 1994) approach and symbolic interactionism (Goffman, 1951; Solomon, 1983) are used to frame the causes and consequences of status value and to highlight the marketing...

Le prix de vente des bois constitue un facteur déterminant pour la gestion forestière. Sa variabilité dans le temps se mesure, essence par essence, par un indice appelé volatilité. Cet article est une première approche de l’étude de la volatilité des cours du bois. Il présente la...

This paper provides an economic analysis of timber species change as a tool for adapting forests to climate change. We use the framework of cost-benefit analysis, taking uncertainty into account both exogenously, via sensitivity analysis, and endogenously, via (quasi-)option value calculations....

Firms may voluntary abate pollution using one of two options: internalizing its own external effects and incuring abatement costs ("making") or delegating environmental protection by purchasing offsets ("buying"). We aim to elicit consumers' WTP for producers' use of the "making" option as...