We analyse the way French farmers manage production risks, especially the risk of drought. To this end, we assess the role of irrigation in farmers’ risk management. Based on the European Farm Accountancy Data Network data, we jointly estimate farmers' attitudes to risk and their production...

This paper analyzes the interactions between soil biota and agricultural practices in the exploitation of soil ecosystem services. A theoretical bioeconomic model stylized this set of interactions and combined a production function approach with optimal control theory. In the model, a farmer...

This paper analyzes the role of property rights in soil conservation. The conventional wisdom in soil conservation and property rights argues that tenants invest less than landlords in sustainable management practices and tend to overexploit soil biota services. The paper examines how this issue...

We explore the link between cyclical and smooth resource exploitation. We define an impulse control framework which can generate both cyclical solutions and steady-state solutions. Our model can admit convex and concave profit functions and allows the integration of different stock-dependent...

This paper analyzes the dynamic interaction between two regions with interconnected river basins. Precipitation is higher in one river- basin while water productivity is higher in the other. Water transfer increases productivity in the recipient basin, but may cause environmental damage in the...

We consider a problem of groundwater management in which a group of farmers over- exploits a groundwater stock and causes excessive pollution. A Water Agency wishes to regulate the farmer's activity, in order to reach a minimum quantity and quality level but it is subject to a budget constraint...

This paper deals with the interactions between farmers who can choose between two water supplies (groundwater or rainwater) which are interdependent and have different productivities. Collecting rainwater reduces the amount of water that can replenish the aquifer and allows farmers to avoid the...

Cooperation can increase the efficiency of commonly-owned renewable resource use. However, received knowledge is that, absent side payments, cooperative solutions are more difficult to achieve the less homogenous the agents involved. We revisit this claim by analyzing how differences in the...

This paper analyzes the dynamic interaction between two regions with interconnected river basins. Precipitation is higher in one river-basin while water productivity is higher in the other. Water transfer increases productivity in the recipient basin, but may cause environmental damage in the...