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Fifty years have passed since the Journal of Agricultural Economics published an article by Ruth Gasson on the goals and values of farmers in England. Gasson's research demonstrated the complexity of motives and, in particular, the importance farmers attached to the activities of farming (their...
Choice models are used by applied economists for many purposes, such as non‐market valuation or estimating willingness to pay for novel food and product attributes. Mixed‐logit models allow researchers to account for preference heterogeneity and complex decision‐making processes when modelling...
Understanding how subsidies affect the selection of farms with different risk exposure into insurance products is key to evaluating the efficiency of government‐supported insurance programs. We study the US crop insurance program, which is a major federally supported insurance program, to assess...
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