The discount rate is of great importance for all decisions in an intertemporal context, such as the decision of how much a society invests in environmental preservation, or the financial decisionmaking on the individual level. This study experimentally investigates the time preferences of...

Die Verfasser untersuchten mit einem Investitionsexperiment, ob sich das Investitionsverhalten bei gleichbleibenden Bedingungen durch das Framing - der Beschreibung einer Investitionsmöglichkeit in die ökologische beziehungsweise konventionelle Wirtschaftsweise - verändert. Als Ergebnis war...

In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We consider a problem of optimal stopping, stylizing an option to invest in a project. We ascertain whether, and to what extent, the real options approach and the classical investment theory can...

In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We consider a problem of optimal stopping, stylizing an option to invest in a project. We ascertain whether, and to what extent, the real options approach and the classical investment theory can...