Author: Laurence D. Booth
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
On the Theory of the Competitive Firm Under Uncertainty
Author: Laurence D. Booth
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
A Theory of the Dynamic Competitive Firm Under Uncertainty
A Note on the Theory of the Competitive Firm Under Price Uncertainty
Author: Moawia Alghalith
Publisher:
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.
Publisher:
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
Price Uncertainty, the Competitive Firm and the Dual Theory of Choice Under Risk
Author: Fanny Demers
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 31
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 31
Book Description
Location and the Theory of the Imperfectly Competitive Firm Under Demand Uncertainty
Competitive Firm and the Theory of Input Demand Under Price Uncertainty
Demand Uncertainty and the Theory of the Competitive Firm
Author: Philip Roy Manger
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 361
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 361
Book Description
Total Price Uncertainty and the Theory of the Competitive Firm
Author: Laurence D. Booth
Publisher:
ISBN:
Category : Uncertainty
Languages : en
Pages : 26
Book Description
Publisher:
ISBN:
Category : Uncertainty
Languages : en
Pages : 26
Book Description
Background Risk and the Theory of the Competitive Firm Under Uncertainty
Author: Kit Pong Wong
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper examines the optimal production decision of a firm under output price risk รก la Sandmo when the firm also faces a dependent background risk. It is shown that standard risk aversion plus a non-negative association between the output price risk and the background risk are sufficient to ensure a reduction in the firms optimal output upon introduction of the background risk. The paper investigates the impact of a deterministic transformation of the background risk on the firms optimal production decision. It is shown that decreasing absolute risk aversion in Ross' sense is among the sufficient conditions that generate an unambiguous negative comparative static result.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper examines the optimal production decision of a firm under output price risk รก la Sandmo when the firm also faces a dependent background risk. It is shown that standard risk aversion plus a non-negative association between the output price risk and the background risk are sufficient to ensure a reduction in the firms optimal output upon introduction of the background risk. The paper investigates the impact of a deterministic transformation of the background risk on the firms optimal production decision. It is shown that decreasing absolute risk aversion in Ross' sense is among the sufficient conditions that generate an unambiguous negative comparative static result.