Estimation of production risk and risk preference function: a nonparametric approach

DOI10.1007/s10479-008-0472-5zbMath1233.91217OpenAlexW2095330615MaRDI QIDQ993733

Subal C. Kumbhakar, Efthymios G. Tsionas

Publication date: 20 September 2010

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-008-0472-5

zbMATH Keywords

kernel methodrisk premiumproduction riskrisk preference function

Mathematics Subject Classification ID

Density estimation (62G07) Production theory, theory of the firm (91B38) Statistical methods; economic indices and measures (91B82)

Related Items (4)

Optimal allocation of a fixed production under price uncertainty ⋮ Parameters measuring bank risk and their estimation ⋮ Sourcing decision under interconnected risks: an application of mean-variance preferences approach ⋮ Adjustment costs in the technical efficiency: an application to global banking

Cites Work

• Stochastic specification of production functions and economic implications
• Boundary modification for kernel regression
• Flexible panel data models for risky production technologies with an application to salmon aquaculture

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