Purpose – The purposes of the study are to compare the investment behavior of farmers in Kazakhstan as a transforming … country and in Germany as a Western industrialized country as well as to analyze whether the investment behavior of farmers is … acceptable to apply the results of experiments investigating the investment behavior of entrepreneurs in a transforming country …

The agricultural sectors of Kazakhstan and Germany are at different development levels. One possible explanation for … this might be the different investment behavior of farmers. We experimentally analyze whether the investment behavior of …. Furthermore, we experimentally compare the investment behavior of farmers in the two countries in an agricultural and a non …

The agricultural sectors of Kazakhstan and Germany are at different development levels. One possible explanation for … this might be the different investment behavior of farmers. We experimentally analyze whether the investment behavior of …. Furthermore, we experimentally compare the investment behavior of farmers in the two countries in an agricultural and a non …

Kazakhstan and Germany have different development levels of the agricultural sector. One of the explanations for this … farmers were contrasted with normative benchmark of the classical investment theory and the real options theory. Our results … fact might be the different investment behavior of farmers in the two countries. In this study, we experimentally compare …