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Persistent link: https://www.econbiz.de/10001066243
Persistent link: https://www.econbiz.de/10001229883
The purpose of this paper is to examine production decisions under output price uncertainty. Using a nonparametric estimation technique to estimate the first four moments of the unknown price distribution and applying duality, we provide a simple empirical framework for the analysis of supply...
Persistent link: https://www.econbiz.de/10010900490
The purpose of this paper is to examine production decisions under output price uncertainty. Using a nonparametric estimation technique to estimate the first four moments of the unknown price distribution and applying duality, we provide a simple empirical framework for the analysis of supply...
Persistent link: https://www.econbiz.de/10005076013
Persistent link: https://www.econbiz.de/10009939221
The purpose of this paper is to examine production decisions under output price uncertainty. Using a nonparametric estimation technique to estimate the first four moments of the unknown price distribution and applying duality, we provide a simple empirical framework for the analysis of supply...
Persistent link: https://www.econbiz.de/10014061908