Data/hora: 09/06/2024 06:33:55

Provedor de dados: | 31
País: | United States
Título: | A THEORETICAL AND EMPIRICAL APPROACH TO THE VALUE OF INFORMATION IN RISKY MARKETS
Autores: | Antonovitz,   Frances; Roe,   Terry L.
Data: | 2002-02-07
Ano: | 1984
Palavras-chave: | Marketing.
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. This concept is extended to the market by formulating ex-ante and ex-post measures of the value of a rational expectations forecast. The empirical feasibility of these measures are demonstrated by application to a simple two equation model of an agricultural market.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

3890

http://purl.umn.edu/13467

Editor: | AgEcon Search

Relação:

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

Staff Paper P84-28

Formato:

31

application/pdf