Producer Preference for Price Stability
作者:
L. Dean Hiebert,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1984)
卷期:
Volume 66,
issue 1
页码: 88-90
ISSN:0002-9092
年代: 1984
DOI:10.2307/1240619
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractProducer preference for product price variability vis‐à‐vis price stability at the mean is examined in a simple two‐input model where one input is chosen after price is known while the other input must be chosen before price is observed. The result shows that risk‐neutral producers may strictly prefer price stability.
点击下载:
PDF
(210KB)
返 回