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After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of ‘hypothetical bias’ is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two...
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Understanding land accumulation dynamics is relevant for policy makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of microlevel land accumulation dynamics using unique panel data from...
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average farm sizes. These cross-country differences play a determining role in productivity of farms and the distribution of … agricultural regions. Low labor productivity in small farms appears as a key explanatory factor. …
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