Matches in SemOpenAlex for { <https://semopenalex.org/work/W1598657827> ?p ?o ?g. }
- W1598657827 abstract "Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the normative benchmarks of the net present value criterion or the real options approach. Furthermore, we experimentally compare the investment behavior of farmers in the two countries in an agricultural and a non-agricultural treatment. In addition, farmers were confronted with the two treatments in a different order. Our results show that both theories cannot exactly predict the investment behavior of farmers. Farmers invest later than the net present value criterion suggests and earlier than the real options approach suggests. However, German farmers invest later than Kazakhstani farmers, which mean that the investment behavior of German farmers is more in accordance with the superior real options approach. Therefore, the different investment behavior might partly be an explanation for different development levels of the agricultural sectors of the two countries. Moreover, results are independent from the framing of an agricultural and a non-agricultural treatment. However, farmers learn from their former investment decisions and consider the value of waiting over time." @default.
- W1598657827 created "2016-06-24" @default.
- W1598657827 creator A5027742520 @default.
- W1598657827 creator A5065602681 @default.
- W1598657827 creator A5090380407 @default.
- W1598657827 date "2012-04-01" @default.
- W1598657827 modified "2023-09-27" @default.
- W1598657827 title "Comparison of the Investment Behavior of German and Kazakhstani Farmers: an Experimental Approach" @default.
- W1598657827 cites W102279446 @default.
- W1598657827 cites W114992049 @default.
- W1598657827 cites W1482717973 @default.
- W1598657827 cites W1491722152 @default.
- W1598657827 cites W1506751634 @default.
- W1598657827 cites W1526669801 @default.
- W1598657827 cites W1585476984 @default.
- W1598657827 cites W1891307703 @default.
- W1598657827 cites W1971261945 @default.
- W1598657827 cites W1978071489 @default.
- W1598657827 cites W1995236180 @default.
- W1598657827 cites W1995503011 @default.
- W1598657827 cites W2002896383 @default.
- W1598657827 cites W2004460329 @default.
- W1598657827 cites W2014106468 @default.
- W1598657827 cites W2016402392 @default.
- W1598657827 cites W2028162523 @default.
- W1598657827 cites W2030874315 @default.
- W1598657827 cites W2043394378 @default.
- W1598657827 cites W2044285943 @default.
- W1598657827 cites W2050100825 @default.
- W1598657827 cites W2050760559 @default.
- W1598657827 cites W2052271437 @default.
- W1598657827 cites W2062196467 @default.
- W1598657827 cites W2074986265 @default.
- W1598657827 cites W2081842211 @default.
- W1598657827 cites W2087808051 @default.
- W1598657827 cites W2092896545 @default.
- W1598657827 cites W2098514981 @default.
- W1598657827 cites W2098910318 @default.
- W1598657827 cites W2102236934 @default.
- W1598657827 cites W2104723738 @default.
- W1598657827 cites W2105705711 @default.
- W1598657827 cites W2126311658 @default.
- W1598657827 cites W2134066794 @default.
- W1598657827 cites W2134303396 @default.
- W1598657827 cites W2139906161 @default.
- W1598657827 cites W2142009978 @default.
- W1598657827 cites W2159512362 @default.
- W1598657827 cites W2169874937 @default.
- W1598657827 cites W2230469715 @default.
- W1598657827 cites W2278992345 @default.
- W1598657827 cites W308480077 @default.
- W1598657827 cites W312050592 @default.
- W1598657827 cites W3121223608 @default.
- W1598657827 cites W3124097077 @default.
- W1598657827 cites W3124622064 @default.
- W1598657827 cites W3125352373 @default.
- W1598657827 cites W3125353710 @default.
- W1598657827 cites W3125653311 @default.
- W1598657827 cites W3125958178 @default.
- W1598657827 cites W74224500 @default.
- W1598657827 doi "https://doi.org/10.22004/ag.econ.122422" @default.
- W1598657827 hasPublicationYear "2012" @default.
- W1598657827 type Work @default.
- W1598657827 sameAs 1598657827 @default.
- W1598657827 citedByCount "0" @default.
- W1598657827 crossrefType "posted-content" @default.
- W1598657827 hasAuthorship W1598657827A5027742520 @default.
- W1598657827 hasAuthorship W1598657827A5065602681 @default.
- W1598657827 hasAuthorship W1598657827A5090380407 @default.
- W1598657827 hasConcept C10138342 @default.
- W1598657827 hasConcept C109574028 @default.
- W1598657827 hasConcept C111472728 @default.
- W1598657827 hasConcept C118518473 @default.
- W1598657827 hasConcept C119857082 @default.
- W1598657827 hasConcept C138885662 @default.
- W1598657827 hasConcept C144133560 @default.
- W1598657827 hasConcept C154775046 @default.
- W1598657827 hasConcept C162324750 @default.
- W1598657827 hasConcept C166957645 @default.
- W1598657827 hasConcept C175444787 @default.
- W1598657827 hasConcept C17744445 @default.
- W1598657827 hasConcept C182306322 @default.
- W1598657827 hasConcept C199539241 @default.
- W1598657827 hasConcept C205649164 @default.
- W1598657827 hasConcept C27548731 @default.
- W1598657827 hasConcept C2776291640 @default.
- W1598657827 hasConcept C2778865806 @default.
- W1598657827 hasConcept C41008148 @default.
- W1598657827 hasConcept C44725695 @default.
- W1598657827 hasConcept C48824518 @default.
- W1598657827 hasConcept C94625758 @default.
- W1598657827 hasConceptScore W1598657827C10138342 @default.
- W1598657827 hasConceptScore W1598657827C109574028 @default.
- W1598657827 hasConceptScore W1598657827C111472728 @default.
- W1598657827 hasConceptScore W1598657827C118518473 @default.
- W1598657827 hasConceptScore W1598657827C119857082 @default.
- W1598657827 hasConceptScore W1598657827C138885662 @default.
- W1598657827 hasConceptScore W1598657827C144133560 @default.
- W1598657827 hasConceptScore W1598657827C154775046 @default.
- W1598657827 hasConceptScore W1598657827C162324750 @default.