Cost functions and duality for stochastic technologies

被引：33

作者：

Chambers, RG ^{[1
]}

Quiggin, J

机构：

[1] Univ Maryland, Dept Agr & Resource Econ, College Pk, MD 20742 USA

[2] James Cook Univ N Queensland, Dept Econ, Townsville, Qld, Australia

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 1998年 / 80卷 / 02期

关键词：

cost; duality; stochastic production;

D O I：

10.2307/1244501

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

Cost functions dual to stochastic production technologies are derived and their properties are discussed. These cost functions are shown to be consistent with expected-utility maximization without placing serious structural restrictions on the underlying technology.

引用

页码：288 / 295

页数：8

共 16 条

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[J]. ECONOMETRICA, 1982, 50 (02) : 277 - 323
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