Matches in SemOpenAlex for { <https://semopenalex.org/work/W1556356048> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W1556356048 endingPage "103" @default.
- W1556356048 startingPage "94" @default.
- W1556356048 abstract "The theory of the firm under demand uncertainty has to date assumed that the firm's input decisions are unaffected by the stochastic nature of demand.' This assumption is not usually made explicitly, but it is implied by the assumption that the firm's cost function, presumably derived by finding the minimum cost combination of inputs for any given level of output, is unaffected by the uncertainty. However, if firms must choose some of their inputs before the uncertainty regarding demand is resolved, then different input decisions may involve different levels of risk. Since firms' decisions regarding price and output are affected by demand uncertainty and non-linear risk preferences, as previous authors have shown, it seems reasonable to suspect that their input decisions will also be affected. But if input decisions are affected, then firms' cost functions are not invariant to uncertainty, and the results of previous studies must be reexamined. Three different types of firms are considered in this paper: the competitive firm, the quantity-setting imperfect competitor, and the price-setting imperfect competitor. Input decisions of the competitive firm and the quantity-setting imperfect competitor are shown to be unaffected by demand uncertainty, and hence the assumption of an unchanging cost function is appropriate in these cases. For the price-setting imperfect competitor, however, input decisions are influenced by demand uncertainty, and an unchanging cost function is therefore not appropriate. This case is considered in some detail, and conditions under which results can differ from those previously reported in the literature are examined." @default.
- W1556356048 created "2016-06-24" @default.
- W1556356048 creator A5082242316 @default.
- W1556356048 date "2016-01-01" @default.
- W1556356048 modified "2023-09-23" @default.
- W1556356048 title "Input Choices and Uncertain Demand" @default.
- W1556356048 cites W1486014791 @default.
- W1556356048 cites W1489484040 @default.
- W1556356048 cites W1510864277 @default.
- W1556356048 cites W1524717168 @default.
- W1556356048 cites W1560542132 @default.
- W1556356048 cites W1986132465 @default.
- W1556356048 cites W1996724115 @default.
- W1556356048 cites W2007235127 @default.
- W1556356048 cites W2011876522 @default.
- W1556356048 cites W2018927774 @default.
- W1556356048 cites W2072794866 @default.
- W1556356048 cites W2128460362 @default.
- W1556356048 cites W2166236518 @default.
- W1556356048 cites W2580645530 @default.
- W1556356048 cites W3124557081 @default.
- W1556356048 hasPublicationYear "2016" @default.
- W1556356048 type Work @default.
- W1556356048 sameAs 1556356048 @default.
- W1556356048 citedByCount "59" @default.
- W1556356048 countsByYear W15563560482013 @default.
- W1556356048 countsByYear W15563560482014 @default.
- W1556356048 countsByYear W15563560482015 @default.
- W1556356048 countsByYear W15563560482016 @default.
- W1556356048 countsByYear W15563560482017 @default.
- W1556356048 countsByYear W15563560482018 @default.
- W1556356048 countsByYear W15563560482020 @default.
- W1556356048 crossrefType "posted-content" @default.
- W1556356048 hasAuthorship W1556356048A5082242316 @default.
- W1556356048 hasConcept C138885662 @default.
- W1556356048 hasConcept C14036430 @default.
- W1556356048 hasConcept C149782125 @default.
- W1556356048 hasConcept C162324750 @default.
- W1556356048 hasConcept C175444787 @default.
- W1556356048 hasConcept C176398731 @default.
- W1556356048 hasConcept C192012645 @default.
- W1556356048 hasConcept C2778348673 @default.
- W1556356048 hasConcept C2780310539 @default.
- W1556356048 hasConcept C41895202 @default.
- W1556356048 hasConcept C78458016 @default.
- W1556356048 hasConcept C86803240 @default.
- W1556356048 hasConceptScore W1556356048C138885662 @default.
- W1556356048 hasConceptScore W1556356048C14036430 @default.
- W1556356048 hasConceptScore W1556356048C149782125 @default.
- W1556356048 hasConceptScore W1556356048C162324750 @default.
- W1556356048 hasConceptScore W1556356048C175444787 @default.
- W1556356048 hasConceptScore W1556356048C176398731 @default.
- W1556356048 hasConceptScore W1556356048C192012645 @default.
- W1556356048 hasConceptScore W1556356048C2778348673 @default.
- W1556356048 hasConceptScore W1556356048C2780310539 @default.
- W1556356048 hasConceptScore W1556356048C41895202 @default.
- W1556356048 hasConceptScore W1556356048C78458016 @default.
- W1556356048 hasConceptScore W1556356048C86803240 @default.
- W1556356048 hasIssue "1" @default.
- W1556356048 hasLocation W15563560481 @default.
- W1556356048 hasOpenAccess W1556356048 @default.
- W1556356048 hasPrimaryLocation W15563560481 @default.
- W1556356048 hasRelatedWork W1489484040 @default.
- W1556356048 hasRelatedWork W1509784565 @default.
- W1556356048 hasRelatedWork W1544337579 @default.
- W1556356048 hasRelatedWork W1551463368 @default.
- W1556356048 hasRelatedWork W1595421350 @default.
- W1556356048 hasRelatedWork W1600714183 @default.
- W1556356048 hasRelatedWork W1603909022 @default.
- W1556356048 hasRelatedWork W1967023780 @default.
- W1556356048 hasRelatedWork W1988847440 @default.
- W1556356048 hasRelatedWork W1995118028 @default.
- W1556356048 hasRelatedWork W2003483716 @default.
- W1556356048 hasRelatedWork W2004950202 @default.
- W1556356048 hasRelatedWork W2009685525 @default.
- W1556356048 hasRelatedWork W2012808679 @default.
- W1556356048 hasRelatedWork W2029330550 @default.
- W1556356048 hasRelatedWork W2044986446 @default.
- W1556356048 hasRelatedWork W2072794866 @default.
- W1556356048 hasRelatedWork W2073689540 @default.
- W1556356048 hasRelatedWork W2160606380 @default.
- W1556356048 hasRelatedWork W2580645530 @default.
- W1556356048 hasVolume "66" @default.
- W1556356048 isParatext "false" @default.
- W1556356048 isRetracted "false" @default.
- W1556356048 magId "1556356048" @default.
- W1556356048 workType "article" @default.