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
In this paper we extend the recent work on the choice of input mix under uncertainty. In particular,...
If duopolistic firms can choose their strategy variable, uncertainty about demand conditions and the...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...
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 ...
When modeling output uncertainty, the multiplicative specification is consistently chosen over the a...
This article digresses over the interaction of uncertainty with the firm’s optimal decisions in a si...
This paper analyzes the labor supply decision of a single economic agent within the expected utility...
A simple two-input and one-output model is used to examine the effects of variable input price uncer...
We study the effect of changing income on optimal decisions in the multidimensional expected utility...
Most observers of economic events have noticed a considerable increase in the general volatility of ...
We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towa...
Using a general framework and a multiple-input technology, we thoroughly investigate the hedging and...
There have been several recent advances in the theory of choice under uncertainty that have extended...
In this paper we extend the recent work on the choice of input mix under uncertainty. In particular,...
If duopolistic firms can choose their strategy variable, uncertainty about demand conditions and the...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...
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 ...
When modeling output uncertainty, the multiplicative specification is consistently chosen over the a...
This article digresses over the interaction of uncertainty with the firm’s optimal decisions in a si...
This paper analyzes the labor supply decision of a single economic agent within the expected utility...
A simple two-input and one-output model is used to examine the effects of variable input price uncer...
We study the effect of changing income on optimal decisions in the multidimensional expected utility...
Most observers of economic events have noticed a considerable increase in the general volatility of ...
We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towa...
Using a general framework and a multiple-input technology, we thoroughly investigate the hedging and...
There have been several recent advances in the theory of choice under uncertainty that have extended...
In this paper we extend the recent work on the choice of input mix under uncertainty. In particular,...
If duopolistic firms can choose their strategy variable, uncertainty about demand conditions and the...
This paper extends the existing estimation methods to allow estimation under simultaneous price and ...