The state-contingent approach to production under uncertainty

Quiggin, John and Chambers, Robert G. (2006) The state-contingent approach to production under uncertainty. Australian Journal of Agricultural And Resource Economics, 50 2: 153-169. doi:10.1111/j.1467-8489.2006.00320.x

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Author Quiggin, John
Chambers, Robert G.
Title The state-contingent approach to production under uncertainty
Journal name Australian Journal of Agricultural And Resource Economics   Check publisher's open access policy
ISSN 1364-985X
1467-8489
Publication date 2006-06
Sub-type Article (original research)
DOI 10.1111/j.1467-8489.2006.00320.x
Volume 50
Issue 2
Start page 153
End page 169
Total pages 17
Editor B. Lindner
D. Pannell
R. Kingwell
Place of publication Richmond, VIC, Australia
Publisher Wiley Blackwell Publishing Asia
Collection year 2006
Language eng
Subject C1
340201 Agricultural Economics
720299 Microeconomic issues not elsewhere classified
Abstract The central claim of this paper is that the state-contingent approach provides the best way to think about all problems in the economics of uncertainty, including problems of consumer choice, the theory of the firm, and principal-agent relationships. This claim is illustrated by recent developments in, and applications of, the state-contingent approach.
Keyword Risk
State-contingent production
Uncertainty
Price
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status UQ

 
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Citation counts: TR Web of Science Citation Count  Cited 10 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 16 times in Scopus Article | Citations
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Created: Wed, 15 Aug 2007, 11:01:14 EST