Competitive firm and resource allocation under uncertain capital service.

A study examined the effects of uncertain capital service and industry risk pooling on the behavior of a competitive firm and the allocation of resources. A two-sector general equilibrium framework was used. It was found that capital service uncertainty leads to a reduction in a firm's output, inp...

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Detalles Bibliográficos
Publicado en:Southern Economic Journal Vol. 57; pp. 208 - 221
Autores principales: Martin, Robert E., Yu, Eden S. H.
Formato: Artículo
Publicado: Southern Economic Association July 1990
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Acceso en línea:Ver este registro en EBSCOhost