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• W2068171073 abstract "Abstract A duality model of production is developed that endogenizes stochastic output decisions under risk aversion. The model incorporates both yield and price uncertainty and nonlinear mean‐variance risk preferences. This permits modeling of the firm's expected output supply and input demand decisions under risk and also, in principle, the firm's output variance decisions. The duality model is tractable for empirical research." @default.
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• W2068171073 date "1999-08-01" @default.
• W2068171073 modified "2023-10-02" @default.
• W2068171073 title "Risk Aversion and Yield Uncertainty in Duality Models of Production: A Mean‐Variance Approach" @default.
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• W2068171073 doi "https://doi.org/10.2307/1244015" @default.
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