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Persistent link: https://www.econbiz.de/10005525533
The paper presents a model of choice between alternative available jobs in which each job has an uncertain multi-period income prospect. Imperfectly informed expectations as well as job preferences and attitudes to risk determine the choice. The model is used to locate and discuss some problems...
Persistent link: https://www.econbiz.de/10005805710
This paper derives a family of multiple-output multiple-input production functions from the underlying technologies. These technologies are represented by average yield functions for each of the commodities (crops) produced from a common pool of resources. The production functions are implicitly...
Persistent link: https://www.econbiz.de/10005330594