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Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
A PRODUCER'S WILLINGNESS TO PAY FOR INFORMATION UNDER PRICE UNCERTAINTY: THEORY AND APPLICATION
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Autores: |
Roe, Terry L.
Antonovitz, Frances
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Data: |
2002-02-07
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Ano: |
1984
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Palavras-chave: |
Marketing
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Resumo: |
The theory of the competitive firm under price uncertainty is used to develop a money metric of a producer's willingness to pay for additional information. For a restricted class of utility functions, empirical estimates of the money using secondary data can be derived from the firm's risk averse supply or factor demand function. The procedure is illustrated by an application to an agricultural market.
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Tipo: |
Working or Discussion Paper
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Idioma: |
Inglês
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Identificador: |
3893
http://purl.umn.edu/14013
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Editor: |
AgEcon Search
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Relação: |
University of Minnesota>Department of Applied Economics>Staff Papers
Staff Paper P84-16
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Formato: |
20
application/pdf
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