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...

This study analyses the determinants of labour force transition to inactivity in the German labour market. Using German Labour Force Survey data the influence on the transition flow to inactivity of factors such as age, education, marital status, sex and registration with the public employment...

The paper provides an empirical study of the dynamics of ownership changes in Czech agricultural companies, which are assigned by unique heterogeneity in ownership forms. Since employee ownership has retained a relatively important place in these structures, neoclassical, as well as...

Market liberalization in Central and Eastern Europe was targeted at establishing incentives that would improve economic performance. While substantial reorganization of enterprises is observed, firms can also be observed which devote resources towards establishing organizational legitimacy....

This paper aims at assessing the relationship between ownership structure, performance and investmentactivity. In particular it studies how behavioural differences between farms related to ownership structureinfluence farms' investment activity and thus their further development potential...

This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset of farm-level data and several quantitative techniques to explore how the acquired farms’...