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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.

 

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