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 …

factor, and external investment adjustment costs. First-order conditions of the model are estimated by the generalized method …

, investment, and the production technology. A three-step decision structure is assumed, with short-run adjustment of output …

returns than needed to secure investment, even when taking the uncertainties involved into account. The results obtained can …

This paper investigates the short- and medium-term effects of the deregulation of shopopening hours legislation on … a gradual deregulation of shop opening restrictions in most of Germany's sixteen federal states. The paper exploits … regional variation in the legislation in order to identify the effect product market deregulation has on retail employment. We …

This paper investigates the effects of the deregulation of shop-opening hours legislation on retail employment in … deregulation of shop opening restrictions in most of Germany s sixteen federal states. The paper exploits regional variation in the … legislation in order to identify the effect of product market deregulation on retail employment. We find robust evidence that the …