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It has been suggested that supply curves may be negatively sloped under conditions of output price uncertainty and risk aversion if the effect of an increase in expected price is offset by the effect of an associated increase in uncertainty/risk. This hypothesis, first articulated by Schultz and...
Persistent link: https://www.econbiz.de/10009228009
This study compares estimates of technical efficiency obtained from the stochastic frontier approach and the Data Envelopment Analysis (DEA) approach using farm-level survey data for rice farmers in Bangladesh. Technical inefficiency effects are modelled as a function of farm-specific...
Persistent link: https://www.econbiz.de/10009210210