Cost functions and duality for stochastic technologies
Data(s) |
01/01/1998
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Resumo |
Cost functions dual to stochastic production technologies are derived and their properties are discussed. These cost functions are shown to be consistent with expected-utility maximization without placing serious structural restrictions on the underlying technology. |
Identificador | |
Idioma(s) |
eng |
Palavras-Chave | #Agricultural Economics & Policy #Economics #Cost #Duality #Stochastic Production |
Tipo |
Journal Article |