The state - contingent approach to production under uncertainty *
نویسنده
چکیده
© Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishing Ltd 2006 doi: 10.1111/j.1467-8489.2006.00320.x Blackwell Publishing, Ltd. Oxford, UK AJAR The Australian Journal of Agricultural and Resource Economics 1364-985X 2006 Australian Ag icul ural and Resource Economics S ciety and Blackwell Publishers Ltd M rch 2006 5 RIGINAL ARTICLE St te-con inge t prod ction J. Quiggin nd .G. Chambers The state-contingent approach to production under uncertainty*
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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