In this paper, a continuous version of theMarkov Chain Model (MCM) is proposed to project thenumber and the population structure of farms. It is thenapplied to the population of professional French farms.Rather than working directly with transitionprobabilities as in the traditional,...

Kahneman and Tversky’s Cumulative Prospect Theory (CPT) has proved to be better suited for representing risk preferences than von Neumann and Morgenstern’s Expected Utility Theory (EUT). We argue that neglecting this may explain to some extent why farmers do not contract crop insurance as...

We investigate the determinants of agricultural land price in several regions in France during 1994-2011 using individual plots transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. We found a positive but relatively small capitalisation effect of...

The Markov chain model (MCM) has become a popular tool in the agricultural economics literature to study the impact of various drivers on the structural change of farms, including public support. In order to relax the process-homogeneity assumption underlying the MCM, we consider a mixture of...

We designed an artefactual field experiment involving real payments to elicit French farmers’ risk preferences. We test for two descriptions of farmers’ behaviour: expected utility and cumulative prospect theory and for preference stability across context (price risk and yield risk). We use...

[Paper in French] We draw up a picture of farmland fragmentation in 2007 for France thanks to the use of the cartographic field pattern registry database. The reported indicators quantify the degree of fragmentation in its various dimensions (number, shape, size, distance and scattering of...

Agricultural land fragmentation is widespread around the world and may affect farmers’ decisions and therefore have an impact on the performance of farms, in either a negative or a positive way. We investigated this impact for the western region of Brittany, France, in 2007. To do so, we...

This paper investigates the determinants of agricultural land price in several regions in France over the period 1994-2011, using individual plot transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. It found a positive but relatively small...

We investigate the determinants of agricultural land price in several regions in France over the period 1994-2011 using individual plots transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. We found a positive but relatively small capitalisation...