Input Price Uncertainty and Factor Demand
用一个简单的两投入一产出模型,分析投入品价格不确定性如何影响准固定要素的选择,并应用于畜牧企业,发现选择取决于农民的风险态度和投入品之间的关系。
A simple two-input and one-output model is used to examine the effects of variable input price uncertainty on a quasi-fixed factor. These theoretical results, applied to a livestock firm, indicate that choice of the quasi-fixed factor depends upon the attitude of the farmer toward risk and whether the inputs are complements, substitutes, or independents.