Maart, Syster Christin; Musshoff, Oliver; Maack, Moritz - International Association of Agricultural Economists - IAAE - 2012
investment behaviour to normative benchmarks of the net present value and the real options approach. Furthermore, we look at … the real options approach is appropriate to predict the investment behaviour in general. Nevertheless, we found out that … the predictions of the real options approach enable an approximation of the participants’ investment behaviour if the …