Spiegel, Alisa; Severini, Simone; Britz, Wolfgang; … - In: Bio-based and applied economics 9 (2020) 1, pp. 53-83
Recent literature reviews of empirical models optimizing long-term investments in agriculture see gaps with regard to (i) separating investment and financing decisions, (ii) considering explicitly risk and temporal flexibility, and (iii) accounting for farm-level resource endowments and other...