التفاصيل البيبلوغرافية
العنوان: |
Minimum and Maximum Prices, Uncertainty, and the Theory of the Competitive Firm. |
المؤلفون: |
Eeckhoudt, Louis1,2, Hansen, Pierre3 |
المصدر: |
American Economic Review. Dec80, Vol. 70 Issue 5, p1064-1068. 5p. |
مصطلحات موضوعية: |
Uncertainty, Prices, Risk aversion, Business enterprises, Competition, Agriculture |
مستخلص: |
This article proposes an alternative definition of a marginal change in uncertainty. The examples of a combination of minimum and maximum prices such as the limits for exchange rate fluctuations or agricultural agreements. A mean-preserving price squeeze through minimum and maximum prices expected to increase in output for a risk-averse firm. The minimum and maximum prices, uncertainty and the theory of the competitive firm. Defines the variance of the random price. |
قاعدة البيانات: |
Finance Source |