Data/hora: 02/06/2024 18:59:35

Provedor de dados: | 31
País: | United States
Título: | CERTAINTY EQUIVALENT PRICES AND PRODUCER WELFARE UNDER OUTPUT PRICE UNCERTAINTY
Autores: | Tsur,   Yacov; Zilberman,   David.
Data: | 2001-08-09
Ano: | 1989
Palavras-chave: | Risk and Uncertainty.
Resumo: | Producer welfare indices under price uncertainty are derived using the concept of certainty equivalent prices.  In this approach the marginal cost function is used instead of the ex-ante supply function; the effects of uncertainty and risk preference are captured by certainty equivalent prices.  Implications for welfare evaluation are discussed.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

3319

http://purl.umn.edu/13562

Editor: | AgEcon Search

Relação:

University of Minnesota&gt;Department of Applied Economics&gt;Staff Papers

Staff Paper P88-40

Formato:

15

application/pdf