Indirect certainty equivalents for the firm facing price and production uncertainty

Robert Chambers, J. Quiggin

    Research output: Contribution to journalArticlepeer-review

    2 Citations (Scopus)

    Abstract

    Producer decisionmaking under uncertainty is characterized using indirect objective functions. The characterization is for the class of producers with continuous and nondecreasing preferences over stochastic incomes who face both price and production uncertainty. (C) 2002 Elsevier Science B.V. All rights reserved.
    Original languageEnglish
    Pages (from-to)309-316
    JournalEconomics Letters
    Volume78
    Issue number3
    DOIs
    Publication statusPublished - 2003

    Fingerprint

    Dive into the research topics of 'Indirect certainty equivalents for the firm facing price and production uncertainty'. Together they form a unique fingerprint.

    Cite this