Producer Preference for Price Stability
在一个简单两投入模型中考察生产者对产品价格波动与均值价格稳定的偏好，发现风险中性生产者也可能严格偏好价格稳定。
Abstract Producer preference for product price variability vis‐à‐vis price stability at the mean is examined in a simple two‐input model where one input is chosen after price is known while the other input must be chosen before price is observed. The result shows that risk‐neutral producers may strictly prefer price stability.