Currently France wants to introduce a weather risk management framework into its agricultural policy for livestock farming. The aim of this paper is to better understand how on-farm risk reducing strategies modify the production system and profit distribution of French suckler cow enterprises....

We elicit risk preferences of French farmers in a field experimental setting under expected utility theory and cumulative prospect theory. We use two different estimation methods, namely the interval approach and the estimation of a random preference model. On average, farmers are risk averse...

In this article, we show how the degree of risk aversion, discounting, and preference for intertemporal substitution for a natural resource manager can be structurally estimated within a recursive utility framework. We focus on the management of a reservoir in California, and test the data for...

L’expertise scientifique collective « Agriculture et sécheresse » pilotée par l’INRA en 2006 a mis en évidence le manque de données quantitatives sur l’impact économique d’une sécheresse en France. En réponse, des économistes de l’INRA ont élaboré un couplage original entre...

Un peu plus de la moitié des communes françaises délègue actuellement la gestion du service de l'eau à des entreprises privées. L'incidence de ce choix du mode de gestion sur le coût du service et l'ampleur des différences observées entre modes de gestion privée ou publique sont des...

This article examines the factors influencing manufacturing firms’ water reuse decision and analyses whether the structure of intake water demand differs between firms that adopt water reuse practices and those which do not. The first stage of the estimation model involves a Probit analysis of...

We elicit the risk preferences of a sample of French farmers in a field-experiment setting, considering both expected utility and cumulative prospect theory. Under the EU framework, our results show that farmers are characterised by a concave utility function for gain outcomes implying risk...

The impact of regulation of efforts to minimize costs has been widely discussed, but remains difficult to measure. The sophisticated regulation of water utilities in Wisconsin allows us to attempt such on assessment since different firms can be under different regulatory regimes (price cap or...