Author: Moawia AlghalithPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
We generalize the results of Sandmo (1971) and Ishii (1977). In doing so, we relax the assumption of non-increasing absolute risk aversion.
A Note on the Theory of the Competitive Firm Under Price Uncertainty
Author: Moawia AlghalithPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
We generalize the results of Sandmo (1971) and Ishii (1977). In doing so, we relax the assumption of non-increasing absolute risk aversion.
On the theory of the competitive firm under price uncertainty
Author: Agnar SandmoPrice Uncertainty, the Competitive Firm and the Dual Theory of Choice Under Risk
Author: Fanny DemersPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 31
Book Description
Competitive Firm and the Theory of Input Demand Under Price Uncertainty
Author: Raveendra N. BatraTotal Price Uncertainty and the Theory of the Competitive Firm
Author: Laurence D. BoothPublisher:
ISBN:
Category : Uncertainty
Languages : en
Pages : 26
Book Description
On the Theory of the Competitive Firm Under Uncertainty
Author: Laurence D. BoothPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
The Competitive Firm Under Price Uncertainty
Author: Udo BrollThe Dynamic Competitive Firm Under Spot Price Uncertainty
Author: J. D. HeyProspect Theory and Two Moment Model
Author: Udo BrollPublisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
Within the prospect theory the paper examines production and hedging decisions of a competitive firm under price uncertainty. We consider the prospect theory for the firm's utility function in the two moment model known as (mu,sigma)-preference. In contrast to the literature our findings show that the production under uncertainty can be larger than in the certainty case. Furthermore, we demonstrate that although the futures markets are unbiased the firm is overhedging.
Author: Yakir Plessner