Impacts of land expropriation on the entrepreneurial decision-making behavior of land-lost peasants: An agent-based simulation

The rapid urbanization of China results in a large number of land-lost peasants and relevant social problems that impede sustainable development. Land-lost peasants are encouraged to venture into entrepreneurship to improve their survival and development. However, a few studies have investigated the dynamic process of the entrepreneurial decision-making behavior of land-lost peasants. Therefore, how to effectively promote entrepreneurship among land-lost peasants remains unknown. This study revises the Todaro model by considering the characteristics of land-lost peasants and land expropriation scenarios to describe the decision-making behavior of land-lost peasants. An agent-based simulation model is further developed based on the revised Todaro model to simulate the impacts of land expropriation on the entrepreneurial decision-making behavior of land-lost peasants. Relevant measures are also proposed to provide effective guidance for promoting entrepreneurship to land lost peasants based on the simulation results. The findings can provide references for local governments to promote entrepreneurship among land-lost peasants in China and other regions.