RESOURCE ALLOCATION AND ASSET PRICING
| dc.creator | Chambers, Robert G. | |
| dc.creator | Quiggin, John C. | |
| dc.date | 2017-04-01T15:16:24Z | |
| dc.date.accessioned | 2026-07-09T04:01:49Z | |
| dc.description | This paper presents a unified treatment of the production and financial decisions available to a firm facing frictionless financial markets and a stochastic production technology under minimal assumptions on the firm's stochastic technology and objective function. The key concept is that of a 'derivative-cost function', which gives the minimal cost (maximal buying price) of constructing an asset by combining financial and real production activities. | |
| dc.identifier | doi:10.22004/ag.econ.28571 | |
| dc.identifier | https://ageconsearch.umn.edu/record/28571/files/wp02-20.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/28571 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/543745 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/28571 | |
| dc.title | RESOURCE ALLOCATION AND ASSET PRICING | |
| dc.type | Text |
