In the paper, we propose a methodological way of leading an economical assessment of innovative cropping systems (ICSs). The originality lies in the integration of the crop management flexibility and the farmers’ risk perception and risk preferences. Two conventional cropping systems have been...

We develop a multiple forest use model to determine the optimal harvest date for a forest stand producing both timber and carbon benefits under a risk of fire. An empirical application is provided for a forest owner producing maritime pine in Southwest of France. Our results indicate that a...