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Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
Persistent link: https://www.econbiz.de/10011283826
The dissertation mainly consists of two articles: INVESTMENTS IN KAZAKHSTANI DAIRY FARMING: A COMPARISON OF THE CLASSICAL INVESTMENT THEORY AND THE REAL OPTIONS APPROACH Abstract This study analyzes the explanatory potential of the real options approach (ROA) regarding the reluctance of...
Persistent link: https://www.econbiz.de/10010225624
The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001, the ratio of non-wage labour costs to direct compensation in West German manufacturing industry rose from 55.6 per cent to 81.2 per cent. The topic of non-wage labour costs is...
Persistent link: https://www.econbiz.de/10011507925
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...
Persistent link: https://www.econbiz.de/10010235148
Persistent link: https://www.econbiz.de/10011782674
probit estimation in order to extract the relationship between the probability of overtime and of promotion. Unobserved … respect to overtime and promotion adjustments, is split into two estimates. On the one hand we do not distinguish between the … a promotion reduces the probability to leave the firm while overtime is positively associated with an external job …
Persistent link: https://www.econbiz.de/10010298715
opportunities of promotion using the British Household Panel Survey data set. Our analysis shows that the perceived probability of … promotion increases with working time and that this result is robust to various econometric specifications. …
Persistent link: https://www.econbiz.de/10010262198
The German Renewable Energy Act (EEG) has been very successful in promoting the deployment of wind power plants and other renewable energy power generating technologies in Germany. The increasing share of EEG-power in the generation portfolio, increasing amounts of fluctuating power generation,...
Persistent link: https://www.econbiz.de/10010265033
-dependence of substitution behavior in out-of-stock (OOS) situations and provides evidence for the relevance of promotion as …
Persistent link: https://www.econbiz.de/10010281526
in accordance to a negative similarity effect which is reduced, however, for OOS items on promotion. The empirical …
Persistent link: https://www.econbiz.de/10010281530