Minimum Prices and Optimal Production under Multiple
In a competitive market where only output price is uncertain, risk averse producers always respond positively to a better protection against downward price fluctuations. In this note, the authors analyze the robustness of this result when there is more than one source of risk. Copyright 1989 by Oxford University Press.
Year of publication: |
1989
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Authors: | Eeckhoudt, Louis ; Hansen, P |
Published in: |
European Review of Agricultural Economics. - European Association of Agricultural Economists - EAAE, ISSN 1464-3618. - Vol. 16.1989, 3, p. 411-18
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Publisher: |
European Association of Agricultural Economists - EAAE |
Saved in:
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