This article compares the use of risk-increasing and risk-reducing production inputs with the experimentally measured risk attitudes of farmers. For this purpose, a Just-Pope production function indicates production inputs' influence on output risk, and a Holt-Laury lottery is used to measure...

Investitionsentscheidungen sind i.d.R. durch Unsicherheit, Irreversibilität und zeitliche Flexibilität gekennzeichnet. Bei einfachen Kapitalwertberechnungen wird dies nicht berücksichtigt. Aber auch die flexible Investitionsplanung mit Hilfe von Entscheidungsbäumen, die den am weitesten...

The paper investigates the influence of different model specifications for interpreting the results of discrete choice experiments when investigating heterogeneous public landscape preferences. Comparing model specifications based on the Mixed Multinomial Logit and the Generalized Multinomial...

Der Aufsatz versucht einen Erklärungsbeitrag für das Wechselverhalten von Landwirten zwischen konventionellem und ökologischem Landbau zu leisten. Ausgehend von der Feststellung, dass die Umstellung auf ökologischen Landbau mit versunkenen Kosten verbunden ist und die Rückflüsse daraus...

Smartphone apps and the inbuilt-sensors can be seen as a subarea of precision farming technologies. Furthermore, an increase in smartphone-based decision support tools is observed in the last years. While the adoption of smartphones and willingness to pay for apps by farmers were already...

The price increases on agricultural land markets over the last decade have triggered a debate about land as an attractive investment opportunity for agricultural and non-agricultural investors. In a static environment, the rent-price ratio provides a first indicator of the profitability of an...

Stickstoffeinträge in Oberflächengewässer stellen ein schwerwiegendes Externalitätenproblem der landwirtschaftlichen Produktion dar. Umwelt- und Verbraucherschützer fordern, diese Externalitäten durch staatliche Eingriffe zu reduzieren. Vor diesem Hintergrund betrachtet die vorliegende...

The importance of weather as a production factor in agriculture is well established long time and a significant portion of yield fluctuations is caused by weather risks. Traditionally, farmers have tried to hedge against unfavorable weather using insurance, such as crop insurance. In recent...

Many studies quantifying individual risk preferences of test persons show that results of different measuring methods may vary. Additional reservations about the reliability of the results arise from the fact that most studies are based on convenience groups, such as students or business-men in...