Ex-ante impact assessment of agricultural, environmental, and rural policies has become an integral part of political decision making processes in the EU. While there is a large variety of agri-environmental modelling tools available to analyse likely social, economic, and environmental impacts...

We analyze the effects of prior gain and loss experiences on individuals’ behavior in two coordination games: battle of the sexes and simultaneous market entry. We propose subjectively transformed games that integrate elements of prospect theory, aggregation of prior and subsequent payoffs,...

We investigate the strategic decision behavior of female entrepreneurs in a realistic market entry experiment where individuals started with gains or losses experienced prior to the game. We compare the entry behavior of female entrepreneurs to the entry behavior of male entrepreneurs and to the...

This paper gives an overview of simulation based procedures, which have proved to be efficient in valuing American options and therefore real options. Many of them integrate sequential stochastic simulations in the backward recursive programming approach to determine the early-exercise frontier....

This preparatory case study provides an overview on the issue of changing food purchasing and food consumption habits among urban middle-classes in the South Indian emerging mega-city of Hyderabad. It analyses how food purchasing and dietary habits in this specific urban stratum are subject to...

This preparatory case study provides an overview of the issue of the street food vending system in the South Indian emerging megacity of Hyderabad. It analyses the organisational structure and changing institutional arrangements of the urban roadside food vending system, looks at important...