Price-Conditional Technology

This article extends the theory of the firm to cover situations in which the firm's technology set is conditional on expected prices. A 'generalized ' price effect is obtained that includes the traditional price effect as well as the technical change effect of prices. An example is presented.

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Year of publication:	2005-03-05
Authors:	Fulginiti, Lilyan E.
Institutions:	EconWPA
Subject:	Conditional technology \| market prices \| normal prices \| technical change

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Extent:	application/pdf
Series:	Microeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 12. Journal of Agricultural and Resource Economics, 1994, 19(1)161-172 12 pages
Classification:	Q - Agricultural and Natural Resource Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005134989