account the possibility of simultaneous investments and the potential correlations among these investment decisions. We find …, farmer's age. This paper contributes to the limited literature on farmers' investment decisions at EU-level. Future versions …

Latest developments in investment analysis offer a number of valuable insights into how to evaluate investment … of timing are conditions that net present value does not include but they alter the investment decision in critical way … investment decisions. …

position is enforced by the positive evolution of investment demonstrated by an increase of approximately 5% of area dedicated … to this cultivation during the last 6 years. This study analyzes Spanish olive sector investment decision taking into … technical inefficiency is transmitted to the next time period. The olive groves investment is irreversible and characterized by …

investment increases up to 2.3% and 29%, respectively, per 1000 EUR of additional credit. Due to credit-financed investment in …

biogas production. The model implemented is based on a real option approach that includes investment irreversibility and …

, investment decreases. Investment shifts away from on-farm investment to off-farm investment. On-farm investment in milk quotas … falls compared to investment in capital and land because the shadow price of milk quotas decreases relatively to the shadow …

The objective of this paper is to analyse farm strategies and investment behaviour in a sample of selected Italian farm … households using multi-criteria dynamic programming, including investment choice. A total of 24 farms were selected for modelling … household investment, though the latter seems more relevant than the former. However, decoupling itself shows minor effects in …