Data/hora: 11/06/2024 17:46:19

Provedor de dados: 	31	
País: 	United States	
Título: 	Policy Impact Analysis on Investments and Disinvestments under Competition: A Real Options Approach	
Autores: 	Feil,   Jan-Henning; Musshoff,   Oliver.	
Data: 	2012-05-31	
Ano: 	2012	
Palavras-chave: 	Real options; Competition; Policy impact analysis; Genetic algoritms; Marketing; Political Economy.	
Resumo: 	In consequence of changes in general conditions, a higher level of investments and disinvestments in agriculture can be expected. To date, however, there are no policy impact analyses on both investments and disinvestments in competitive agricultural markets in a dynamic-stochastic context. This paper aims to develop a conceptual real options market model, which allows the impact assessment of different political schemes on investment and disinvestment thresholds and the sectoral welfare. Exemplarily, the effects of price floors, investment subsidies and production ceilings are analysed. The results show that the consideration of limited reversibility, that is disinvestments, is of relevance as it can impact the assessment of specific policies.	
Tipo: 	Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/124294	
Relação: 	Australian Agricultural and Resource Economics Society&gt;2012 Conference (56th), February 7-10, 2012, Freemantle, Australia	
Formato: 	21