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 …

investment. Using panel data on public companies functioning in developed countries, the authors prove that with increasing … uncertainty surrounding a firm, the real options effect increases the influence of financial constraints on investment. To this …

I investigate how political uncertainty influences corporate investment decisions employing a unique panel dataset of … German manufacturing firms. I use data on firms' self-reported investment realizations, plans and revisions. The firm … government policies firms are faced with. I therefore augment the neo-classical investment model by a measure of political …