With the Water Framework Directive (WFD), the European Union has established a legal framework for the protection of all aquatic ecological systems, including groundwater. This directive may have advantages for the water regime in ecologically sensitive areas but may also bring some economic...

Die Anforderungen an die Dokumentation der Produktionsprozesse, speziell im Bereich des Pflanzenschutzes, haben sich in der Landwirtschaft in den letzten Jahren aufgrund rechtlicher Vorgaben und vertraglicher Bindungen, aber auch gesellschaftlicher Forderungen deutlich erhöht. Im Rahmen der...

The production of bioenergy is considered to be a promising energy source for a sustainable energy mix and it is politically promoted in many countries. With the exception of Brazilian ethanol, bioenergy not competitive to fossil energy sources, and therefore needs to be subsidised. Several...

The production of bioenergy is considered to be a promising energy source for a sustainable energy mix and it is politically promoted in many countries. With the exception of Brazilian ethanol, bioenergy not competitive to fossil energy sources, and therefore needs to be subsidised. Several...

This study analyzes the explanatory potential of the real options approach (ROA) regarding the reluctance of Kazakhstani farmers to invest in modern dairy farming. More precisely, it compares the valuation of the ROA with those of the classical investment criterion such as the net present value...

The production of bioenergy is considered to be a promising energy source for a sustainable energy mix and it is politically promoted in many countries. With the exception of Brazilian ethanol, bioenergy not competitive to fossil energy sources, and therefore needs to be subsidised. Several...

Eastern Germany is often hit by drought causing income risk for crop farmers. Index-based risk management instruments could help crop farmers to reduce their farm income risk. Such instruments have some important advantages over damage-based insurance, like e.g. less moral hazard and adverse...