The purpose of this work is to explore the extent to which landowners' land-use decisions are influenced by heterogeneous land-use preferences, spatial externalities, and unique suitability features? We develop and calibrate a heterogeneous-agent portfolio-theory model to the historical Southern...

The Handbook of Behavioral Finance is a comprehensive, topical and concise source of cutting-edge research on recent developments in behavioral finance.

This paper examines the decisions of Irish farmers to convert to organic farming by applying the theory of planned behaviour to control for social influence and technical constraints. Cluster analysis and principal component analysis are utilised to account for sample heterogeneity and to...

This article analyzes spatial dependence in the adoption of organic farming. A Bayesian spatial Durbin probit model is applied to survey data of almost 600 Irish drystock farmers. The findings reveal that farmers located in close proximity exhibit similar choice behavior. More specifically,...

The purpose of this work is to explore the extent to which wind farm planning approvals in the Republic of Ireland are influenced by project technology, institutional processes, and site endowments. We use principal components data reduction, z-score data normalization, and Probit regression...

Stated preference techniques have been used to place values on public goods by directly asking individuals to provide their personal values and opinions. This method has consistently resulted in the emergence of hypothetical bias. Several insights from the psychology literature suggest that...