Asset fixity under state-contingent production uncertainty
نویسندگان
چکیده
منابع مشابه
The State-contingent Approach to Production under Uncertainty the State-contingent Approach to Production under Uncertainty the State-contingent Approach to Production under Uncertainty
Chambers and Quiggin (2000, p i) claim that the state-contingent approach provides the best way to think about all problems in the economics of uncertainty, including problems of consumer choice, the theory of the rm, and principalagent relationships. The purpose of this paper is to restate this claim, and to defend it in the light of recent developments in, and applications of, the state-c...
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ژورنال
عنوان ژورنال: European Review of Agricultural Economics
سال: 2018
ISSN: 0165-1587,1464-3618
DOI: 10.1093/erae/jby016