Without imposing restrictions on the utility function and the probability distributions, we show the impact of multiple uncertainty (and each single uncertainty) and change in risk aversion on each input demand. In so doing, we emphasize the importance of the relationship between the inputs in this impact. Moreover, the paper provides technical contributions
This paper concerns the case of a monopolist facing multiplicative uncertainty in demand. Karlin and...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...
The purpose of this paper is to explore several interesting implications of the unanimity model in t...
Without imposing restrictions on the utility function and the probability distributions, we show the...
Abstract The purpose of this paper is to provide an empirical application of duality under uncertain...
While production decisions in the presence of price uncertainty have been extensively studied, this ...
This article digresses over the interaction of uncertainty with the firm’s optimal decisions in a si...
When modeling output uncertainty, the multiplicative specification is consistently chosen over the a...
There have been several recent advances in the theory of choice under uncertainty that have extended...
Most observers of economic events have noticed a considerable increase in the general volatility of ...
When focusing on firm’s risk-aversion in industry equilibrium, the number of firms may be either lar...
We study the effect of changing income on optimal decisions in the multidimensional expected utility...
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strateg...
We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towa...
In this paper we extend the recent work on the choice of input mix under uncertainty. In particular,...
This paper concerns the case of a monopolist facing multiplicative uncertainty in demand. Karlin and...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...
The purpose of this paper is to explore several interesting implications of the unanimity model in t...
Without imposing restrictions on the utility function and the probability distributions, we show the...
Abstract The purpose of this paper is to provide an empirical application of duality under uncertain...
While production decisions in the presence of price uncertainty have been extensively studied, this ...
This article digresses over the interaction of uncertainty with the firm’s optimal decisions in a si...
When modeling output uncertainty, the multiplicative specification is consistently chosen over the a...
There have been several recent advances in the theory of choice under uncertainty that have extended...
Most observers of economic events have noticed a considerable increase in the general volatility of ...
When focusing on firm’s risk-aversion in industry equilibrium, the number of firms may be either lar...
We study the effect of changing income on optimal decisions in the multidimensional expected utility...
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strateg...
We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towa...
In this paper we extend the recent work on the choice of input mix under uncertainty. In particular,...
This paper concerns the case of a monopolist facing multiplicative uncertainty in demand. Karlin and...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...
The purpose of this paper is to explore several interesting implications of the unanimity model in t...