The theory of the competitive firm under price uncertainty is used to develop a money metric of a producer's willingness to pay for additional information. For a restricted class of utility functions, empirical estimates of the money using secondary data can be derived from the firm's risk averse supply or factor demand function. The procedure is illustrated by an application to an agricultural market
Producer welfare indices under price uncertainty are derived using the concept of certainty equivale...
This paper investigates a comprehensive assessment of firm strategic behavior under financial market...
textThis work analyzes the effects that different information structures on the demand side of the m...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
This paper addresses the problem of measuring the value of information to an agent in an environment...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper examines the effects of price uncertainty on agricultural productivity. Appelbaum(1991) p...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
A homogeneous Cournot duopoly with asymmetric information is analyzed. Every firm learns its own mar...
World markets for agricultural commodities are faced with increasing price fluctuations. When measu...
Producer welfare indices under price uncertainty are derived using the concept of certainty equivale...
A method is developed to estimate jointly risk preferences and technology under general conditions. ...
This paper considers an agricultural production model of sequential nitrogen application under risk....
Producer welfare indices under price uncertainty are derived using the concept of certainty equivale...
This paper investigates a comprehensive assessment of firm strategic behavior under financial market...
textThis work analyzes the effects that different information structures on the demand side of the m...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
This paper addresses the problem of measuring the value of information to an agent in an environment...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper examines the effects of price uncertainty on agricultural productivity. Appelbaum(1991) p...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
A homogeneous Cournot duopoly with asymmetric information is analyzed. Every firm learns its own mar...
World markets for agricultural commodities are faced with increasing price fluctuations. When measu...
Producer welfare indices under price uncertainty are derived using the concept of certainty equivale...
A method is developed to estimate jointly risk preferences and technology under general conditions. ...
This paper considers an agricultural production model of sequential nitrogen application under risk....
Producer welfare indices under price uncertainty are derived using the concept of certainty equivale...
This paper investigates a comprehensive assessment of firm strategic behavior under financial market...
textThis work analyzes the effects that different information structures on the demand side of the m...