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 …

In our model multiple innovators compete against each other by submitting investment proposals to an investor. The …' informational rents, since innovators are more likely to lose the competition if they inflate investment costs. Consequently …

regarding investment timing. We examine the situation where the personal objectives of managers do not align with those of …

We analyze a firm׳s investment problem when the dynamics of project value and investment cost are uncertain. We provide … regarding a common risk factor impacts differently than ambiguity aversion regarding investment cost residual risk. Correlation … between project value and investment cost matters; ambiguity aversion regarding common risk can decrease the investment …

We study optimal investment in technologies characterized by the learning curve. There are two investment patterns … scale. If the curve is steep, firms invest earlier and on a smaller scale. We further demonstrate that learning investment … differs greatly from investment in technologies without learning effects. Learning investments generate substantial initial …