The Mid-Term Review and the Health Check reforms of the EU’s Common Agricultural Policy include numerous options for national implementation of the Single Payment Scheme. After the farreaching decoupling of Direct Payments, further reforms and changes of support measures are necessary with...

The Mid-Term Review and the Health Check reforms of the EU’s Common Agricultural Policy (CAP) include numerous options for national implementation of the Single Payment Scheme. After the far-reaching decoupling of Direct Payments, a further reform of the Common Agricultural Policy is necessary...

Two-sided reflected Markov-modulated Brownian motion with applications to fluid queues and dividend payouts