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- W2019937220 abstract "Abstract This paper re-examines the results in Machnes (1993). When a risk-averse firm faces both uncertain demand and uncertain fixed costs, the Arrow-Pratt theory of decreasing absolute risk aversion may be too weak to yield unambiguous comparative statics. Herein, it is shown that the stronger notions of risk behavior proposed by Ross (1981) and Kimball (1993) are useful in providing intuitive results in this context." @default.
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- W2019937220 date "1996-04-01" @default.
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- W2019937220 title "Further results on comparative statics under uncertainty. A comment on Machnes" @default.
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- W2019937220 doi "https://doi.org/10.1016/0176-2680(95)00024-0" @default.
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