This paper addresses the problem of measuring the value of information to an agent in an environment where the agent is risk averse and choices are base on the utility of income and personal beliefs about the likelihood of uncertain outcomesRisk and Uncertainty,
Assume that economic agents form expectations rationally by forecasting future prices with the stoch...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
We address the issue of risk aversion in a competitive equilibrium when some buyers engage in learni...
This paper addresses the problem of measuring the value of information to an agent in an environment...
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 has three goals. First, we demonstrate that standard arguments and methods from productio...
This paper analyzes the problem faced by a risk-averse firm considering how much to invest in a risk...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper has two goals. First, we demonstrate that standard arguments and methods from production ...
This paper deals with decision problems under uncertainty. The solution of a decision problem involv...
This article analyses costly information acquisition in asset markets with Knightian uncertainty abo...
This essay provides an elementary, unified introduction to resource allocation under uncertainty in ...
In this paper, a general model of the competitive firm\u27s behavior under output and factor (total)...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
Assume that economic agents form expectations rationally by forecasting future prices with the stoch...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
We address the issue of risk aversion in a competitive equilibrium when some buyers engage in learni...
This paper addresses the problem of measuring the value of information to an agent in an environment...
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 has three goals. First, we demonstrate that standard arguments and methods from productio...
This paper analyzes the problem faced by a risk-averse firm considering how much to invest in a risk...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper has two goals. First, we demonstrate that standard arguments and methods from production ...
This paper deals with decision problems under uncertainty. The solution of a decision problem involv...
This article analyses costly information acquisition in asset markets with Knightian uncertainty abo...
This essay provides an elementary, unified introduction to resource allocation under uncertainty in ...
In this paper, a general model of the competitive firm\u27s behavior under output and factor (total)...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
Assume that economic agents form expectations rationally by forecasting future prices with the stoch...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
We address the issue of risk aversion in a competitive equilibrium when some buyers engage in learni...