메뉴 건너뛰기




Volumn 50, Issue 2, 2006, Pages 153-169

The state-contingent approach to production under uncertainty

Author keywords

Risk; State contingent production; Uncertainty

Indexed keywords

ECONOMICS; INDUSTRIAL PRODUCTION; UNCERTAINTY ANALYSIS;

EID: 33745525210     PISSN: 1364985X     EISSN: 14678489     Source Type: Journal    
DOI: 10.1111/j.1467-8489.2006.00320.x     Document Type: Article
Times cited : (34)

References (39)
  • 3
    • 0001436273 scopus 로고
    • Existence of an equilibrium for a competitive economy
    • Arrow, K. and Debreu, G. (1954). Existence of an equilibrium for a competitive economy, Econometrica 22, 265-290.
    • (1954) Econometrica , vol.22 , pp. 265-290
    • Arrow, K.1    Debreu, G.2
  • 4
    • 33745514885 scopus 로고    scopus 로고
    • University of Maryland Working Paper, College Park, Maryland
    • Chambers, R.G. (2004). Stochastic Productivity Measurement. University of Maryland Working Paper, College Park, Maryland.
    • (2004) Stochastic Productivity Measurement
    • Chambers, R.G.1
  • 5
    • 33745530390 scopus 로고    scopus 로고
    • University of Maryland Working Paper, College Park, Maryland
    • Chambers, R.G. (2005). Optimal Hedging? University of Maryland Working Paper, College Park, Maryland.
    • (2005) Optimal Hedging?
    • Chambers, R.G.1
  • 6
    • 1642587095 scopus 로고    scopus 로고
    • Jointly radial and translation homothetic preferences: Generalized constant risk aversion
    • Chambers, R.G., Fare, R. and Quiggin, J. (2004). Jointly radial and translation homothetic preferences: Generalized constant risk aversion, Economic Theory 23, 689-699.
    • (2004) Economic Theory , vol.23 , pp. 689-699
    • Chambers, R.G.1    Fare, R.2    Quiggin, J.3
  • 7
    • 0000382953 scopus 로고    scopus 로고
    • Separation and hedging results with state-contingent production
    • Chambers, R.G. and Quiggin, J. (1997). Separation and hedging results with state-contingent production, Economica 64, 187-209.
    • (1997) Economica , vol.64 , pp. 187-209
    • Chambers, R.G.1    Quiggin, J.2
  • 10
    • 0036250287 scopus 로고    scopus 로고
    • Optimal producer behavior in the presence of area-yield crop insurance
    • Chambers, R.G. and Quiggin, J. (2002). Optimal producer behavior in the presence of area-yield crop insurance, American Journal of Agricultural Economics 84, 320-334.
    • (2002) American Journal of Agricultural Economics , vol.84 , pp. 320-334
    • Chambers, R.G.1    Quiggin, J.2
  • 12
    • 0037357170 scopus 로고    scopus 로고
    • Indirect certainty equivalents for the firm under price and production uncertainty
    • Chambers, R.G. and Quiggin, J. (2003b). Indirect certainty equivalents for the firm under price and production uncertainty, Economics Letters 78, 309-316.
    • (2003) Economics Letters , vol.78 , pp. 309-316
    • Chambers, R.G.1    Quiggin, J.2
  • 14
    • 3242875155 scopus 로고    scopus 로고
    • Technological and financial approaches to risk management in agriculture: An integrated approach
    • Chambers, R.G. and Quiggin, J. (2004). Technological and financial approaches to risk management in agriculture: An integrated approach, Australian Journal of Agricultural and Resource Economics 48, 199-223.
    • (2004) Australian Journal of Agricultural and Resource Economics , vol.48 , pp. 199-223
    • Chambers, R.G.1    Quiggin, J.2
  • 15
    • 34547848114 scopus 로고    scopus 로고
    • Risk and Uncertainty Program Working Paper R05-3, Risk and Sustainable Management Group. University of Queensland, Brisbane
    • Chambers, R.G. and Quiggin, J. (2005). Cost Minimization and Asset Pricing. Risk and Uncertainty Program Working Paper R05-3, Risk and Sustainable Management Group. University of Queensland, Brisbane.
    • (2005) Cost Minimization and Asset Pricing
    • Chambers, R.G.1    Quiggin, J.2
  • 17
    • 0013283743 scopus 로고    scopus 로고
    • The risk premium for equity: Implications for the proposed diversification of the social security fund
    • Grant, S. and Quiggin, J. (2002). The risk premium for equity: implications for the proposed diversification of the social security fund, American Economic Review 92, 1104-1115.
    • (2002) American Economic Review , vol.92 , pp. 1104-1115
    • Grant, S.1    Quiggin, J.2
  • 20
    • 0000871877 scopus 로고
    • Aggregation and linearity in the provision of intertemporal incentives
    • Holmstrom, B. and Milgrom, P. (1987). Aggregation and linearity in the provision of intertemporal incentives, Econometrica 55, 303-328.
    • (1987) Econometrica , vol.55 , pp. 303-328
    • Holmstrom, B.1    Milgrom, P.2
  • 21
    • 0346700228 scopus 로고
    • Stochastic specification of production functions and economic implications
    • Just, R.E. and Pope, R.D. (1978). Stochastic specification of production functions and economic implications, Journal of Econometrics 7, 67-86.
    • (1978) Journal of Econometrics , vol.7 , pp. 67-86
    • Just, R.E.1    Pope, R.D.2
  • 23
    • 33745575504 scopus 로고    scopus 로고
    • Risk and Uncertainty Program Working Paper R06-1, Risk and Sustainable Management Group, University of Queensland, Brisbane
    • O'Donnell, C., Chambers, R.G. and Quiggin, J. (2006). Efficiency Analysis in the Presence of Uncertainty, Risk and Uncertainty Program Working Paper R06-1, Risk and Sustainable Management Group, University of Queensland, Brisbane.
    • (2006) Efficiency Analysis in the Presence of Uncertainty
    • O'Donnell, C.1    Chambers, R.G.2    Quiggin, J.3
  • 24
    • 0002924324 scopus 로고
    • The desirability of price instability under perfect competition
    • Oi, W. (1961). The desirability of price instability under perfect competition, Econometrica 29 (1), 58-64.
    • (1961) Econometrica , vol.29 , Issue.1 , pp. 58-64
    • Oi, W.1
  • 25
    • 0032252673 scopus 로고    scopus 로고
    • Risk premiums and benefit measures for generalized expected utility theories
    • Quiggin, J. and Chambers, R.G. (1998). Risk premiums and benefit measures for generalized expected utility theories, Journal of Risk and Uncertainty 17, 121-137.
    • (1998) Journal of Risk and Uncertainty , vol.17 , pp. 121-137
    • Quiggin, J.1    Chambers, R.G.2
  • 26
    • 33745577023 scopus 로고    scopus 로고
    • The state-contingent approach to risk premiums and comparative statics in generalised expected utility theory
    • Machina, M. and Munier, B. (eds), Kluwer Academic Publishers, Dordrecht
    • Quiggin, J. and Chambers, R.G. (1999). The state-contingent approach to risk premiums and comparative statics in generalised expected utility theory, in Machina, M. and Munier, B. (eds), Beliefs, Interactions and Preferences in Decision-Making. Kluwer Academic Publishers, Dordrecht, pp. 53-67.
    • (1999) Beliefs, Interactions and Preferences in Decision-Making , pp. 53-67
    • Quiggin, J.1    Chambers, R.G.2
  • 29
    • 33745579792 scopus 로고    scopus 로고
    • Fixed wages and bonuses in agency contracts: The case of a continuous state space
    • (forthcoming)
    • Racionero, M. and Quiggin, J. (2006). Fixed wages and bonuses in agency contracts: The case of a continuous state space, Journal of Public Economic Theory (forthcoming).
    • (2006) Journal of Public Economic Theory
    • Racionero, M.1    Quiggin, J.2
  • 30
    • 3242786447 scopus 로고    scopus 로고
    • Criteria for optimal production under uncertainty. The state-contingent approach
    • Rasmussen, S. (2003). Criteria for optimal production under uncertainty. The state-contingent approach, Australian Journal of Agricultural and Resource Economics 47, 447-476.
    • (2003) Australian Journal of Agricultural and Resource Economics , vol.47 , pp. 447-476
    • Rasmussen, S.1
  • 31
    • 0000175626 scopus 로고
    • The consumer does benefit from feasible price stability
    • Samuelson, P. (1972). The consumer does benefit from feasible price stability, Quarterly Journal of Economics 86, 476-493.
    • (1972) Quarterly Journal of Economics , vol.86 , pp. 476-493
    • Samuelson, P.1
  • 32
    • 0002083893 scopus 로고
    • On the theory of the competitive firm under price uncertainty
    • Sandmo, A. (1971). On the theory of the competitive firm under price uncertainty, American Economic Review 61, 65-73.
    • (1971) American Economic Review , vol.61 , pp. 65-73
    • Sandmo, A.1
  • 36
    • 33745548768 scopus 로고    scopus 로고
    • Working Paper E/221/2002, Institute of Economic Growth, Environmental Economics Unit, University Enclave, Delhi
    • Smith, R.B. and Kumar, P. (2002). Royalties and Benefit Sharing Contracts in Bioprospecting. Working Paper E/221/2002, Institute of Economic Growth, Environmental Economics Unit, University Enclave, Delhi.
    • (2002) Royalties and Benefit Sharing Contracts in Bioprospecting
    • Smith, R.B.1    Kumar, P.2
  • 37
    • 33745544823 scopus 로고
    • Indonesian Banking Post-deregulation: Moral Hazard and High Real Interest Rates
    • Unpublished PhD Thesis, Australian National University, Canberra
    • Suwandi, T. (1995). Indonesian Banking Post-deregulation: Moral Hazard and High Real Interest Rates. Unpublished PhD Thesis, Australian National University, Canberra.
    • (1995)
    • Suwandi, T.1
  • 38
    • 0042962286 scopus 로고
    • Comment on Borch and Feldstein
    • Tobin, J. (1969). Comment on Borch and Feldstein, Review of Economic Studies 36, 13-14.
    • (1969) Review of Economic Studies , vol.36 , pp. 13-14
    • Tobin, J.1
  • 39
    • 84963022474 scopus 로고
    • Does the consumer benefit from price instability
    • Waugh, F. (1944). Does the consumer benefit from price instability, Quarterly Journal of Economics 58, 602-614.
    • (1944) Quarterly Journal of Economics , vol.58 , pp. 602-614
    • Waugh, F.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.