Hüttel, Silke; Jetzinger, Simon; Odening, Martin - In: Land Economics 90 (2014) 3
We analyze farmland prices in the German federal state of Brandenburg from 2000 to 2011 with the aim to understand the price formation process in farmland foreclosures. Pressured sales usually result in a price discount due to time constraints; however, the land is sold using public auctions....