Decomposing input adjustments under price and production uncertainty

被引：12
|
作者：
Chambers, RG [1 ]
Quiggin, J
机构：
[1] Univ Maryland, Dept Agr & Resource Econ, College Pk, MD 20742 USA
[2] Univ Western Australia, Nedlands, WA 6009, Australia
来源：
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 2001年 / 83卷 / 01期
基金：
澳大利亚研究理事会;
关键词：
uncertainty; duality; state-contingent technology; input use;
D O I：
10.1111/0002-9092.00134
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
A decomposition of input adjustments for stochastic technologies is developed and applied to the case of actuarially fair production insurance. The decomposition consists of a pure-risk effect and an expansion effect which are analogous to the Hicks-Alien decomposition familiar from consumer theory.
引用
收藏
页码：20 / 34
页数：15
相关论文
共 50 条
12345