This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries are analysed and presented through a...

Joint decisions each year on agricultural prices by the Council of Ministers of Agriculture are a requisite of the European Community's Common Agricultural Policy. It is however more and more difficult to reach joint decisions on these prices. Divergencies of national aims and economic starting...