Theory of the Firm Facing Uncertain Demand: Reply.

This article presents a response to the commentary made by Robert Korkie (1975) regarding the author's study of a firm facing uncertain demand. The author proved the consistency of his findings that linear stochastic demand functions will satisfy the principle of increasing uncertainty (PIU) for the...

Descripción completa

Detalles Bibliográficos

Publicado en:	American Economic Review Vol. 65; no. 1; pp. 248 - 249
Autor principal:	Leland, Hayne E.
Formato:	Artículo
Publicado:	American Economic Association Mar1975
Materias:	Stochastic analysis Uncertainty Demand function Stochastic processes Rational expectations (Economic theory) Economic demand Consumption (Economics) Probability theory
Acceso en línea:	Ver este registro en EBSCOhost