Production Flexibility and the Behaviour of the Competitive Firm under Price Uncertainty

DOI10.2307/2297339zbMath0412.90008OpenAlexW1987882256MaRDI QIDQ4199794

Larry G. Epstein

Publication date: 1978

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297339

zbMATH Keywords

risk aversioncompetitive firmmean preserving spreadcomparative-static analysismean utility preserving spreadproduction flexibilityuncertainty about future prices

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Trade models (91B60)

Related Items (2)

Functional forms and multivariate risk independence ⋮ Production under uncertainty and choice under uncertainty in the emergence of generalized expected utility theory

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