After land prices in Germany increased continuously since 2006, policy makers, representatives of farmers' unions, NGOs, and farmers started and continued to discuss or propose new land market regulations to stop price increases and to protect particularly smaller farmers. In this paper we...

This paper shows how agent-based stochastic approaches can provide a complementary and more flexible approach to study investment incentives and price dynamics in a real options framework. We particularly study the case of two-stage production chains in which one sector produces an intermediate...

In der letzten Zeit erfuhr der europäische Agrarsektor deutliche Veränderungen aufgrund der Reform der GAP mit der Entkoppelung der Direktzahlungen, Modulation und Cross-Compliance. Der Ausgangspunkt von dem die hier vorliegende Studie ausgeht, sind die Auswirkungen der politisch induzierten...