Output Price Subsidies in a Stochastic World

This paper develops an analytically tractable approach to the comparative statics of output subsidies for firms, with monotonic preferences over costs and returns, that face price and production uncertainty. We derive comparative static results for input demand and output supply.

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Year of publication:	2004-01
Authors:	Chambers, Robert G. ; Quiggin, John
Institutions:	Risk and Sustainable Management Group (RSMG), School of Economics
Subject:	state-contingent production \| price subsides

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Extent:	application/pdf
Series:	Risk & Uncertainty Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number WPR04_1
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008586005