Financial Flexibility in agricultural investment decisions: A discrete choice experiment

dc.creatorAnastassiadis, Friederike
dc.creatorLiebe, Ulf
dc.creatorMußhoff, Oliver
dc.date2017-04-01T20:10:06Z
dc.date.accessioned2026-07-09T11:12:29Z
dc.descriptionUsing a discrete choice experiment we examine the role of financial flexibility in agricultural investment decisions. The data is analyzed with a mixed logit model and reveals that financial flexibility is an important decision-making factor. Every third participant indicates that, compared to the criteria profitability and risk, financial flexibility is even determining his/her investment decision. Furthermore, it was possible to quantify an economic value for the financial flexibility that is significantly different from zero.
dc.identifierdoi:10.22004/ag.econ.253690
dc.identifierhttps://ageconsearch.umn.edu/record/253690/files/16_1_4.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/253690
dc.identifier.urihttp://hdl.handle.net/123456789/625664
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/253690
dc.titleFinancial Flexibility in agricultural investment decisions: A discrete choice experiment
dc.typeText

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