Comparative statics for state-contingent technologies
| dc.creator | Chambers, Robert G. | |
| dc.creator | Quiggin, John | |
| dc.date | 2017-04-01T14:06:39Z | |
| dc.date.accessioned | 2026-07-09T07:10:07Z | |
| dc.description | The implications of supermodularity for comparative-static analysis in a generalized version of the separable-effort representation of a firm facing stochastic prices and a stochastic technology are. Previous analysis is generalized in two ways. General risk-averse, as opposed to expected-utility, preferences are considered. The stochastic technology is represented by an Arrow-Debreu state-space representation. It is shown that results familiar from the theory of the price taking firm in the absence of risk generalize to the uncertain case. | |
| dc.identifier | doi:10.22004/ag.econ.150351 | |
| dc.identifier | https://ageconsearch.umn.edu/record/150351/files/WPR03_5.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/150351 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/585284 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/150351 | |
| dc.title | Comparative statics for state-contingent technologies | |
| dc.type | Text |