Data/hora: 11/06/2024 15:13:12

Provedor de dados: 	31	
País: 	United States	
Título: 	Real option models for simulating digester system adoption on livestock farms in Emilia-Romagna	
Autores: 	Bartolini,   Fabio; Gallerani,   Vittorio; Viaggi,   Davide.	
Data: 	2010-04-30	
Ano: 	2010	
Palavras-chave: 	Real options; Methane digester; Biogas; Investment; Uncertainty; Agricultural and Food Policy; Farm Management; Land Economics/Use.	
Resumo: 	Innovation and new technology adoption represent two central elements for the enterprise and industry development process in agriculture. The objective of this paper is to develop a farm-household model able to simulate the impacts of uncertainty in SFP, the selling price of energy and agricultural product prices parameters on the adoption of methane digester for biogas production. The model implemented is based on a real option approach that includes investment irreversibility and stochasticity in relevant parameters. The results show the relevance of uncertainty in determining the timing of adoption and emphasise the importance of predictability as a major component of policy design.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/61112	
Relação: 	European Association of Agricultural Economists&gt;114th Seminar, April 15-16, 2010, Berlin, Germany	
Formato: 	19