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- W1576475188 abstract "We establish a general preference for price uncertainty by the price taking, risk neutral, nonrenewable resource extracting firm with orthodox convex extraction costs. Option prices for delivery of a ton at a particular date in the future exceed the expected dollar return from the purchase of the option. The dependence of the option price on initial stock size takes a simple form." @default.
- W1576475188 created "2016-06-24" @default.
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- W1576475188 date "1985-01-01" @default.
- W1576475188 modified "2023-09-27" @default.
- W1576475188 title "Option Pricing by the Nonrenewable Resource Extracting Firm Facing Output Price Uncertainty" @default.
- W1576475188 hasPublicationYear "1985" @default.
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