Decomposing Input Adjustments under Price and Production Uncertainty
提出了一种随机技术下投入调整的分解方法,并将其应用于精算公平的生产保险情形,分解出纯风险效应和扩张效应,类似于消费者理论中的希克斯-艾伦分解。
Abstract A decomposition of input adjustments for stochastic technologies is developed and applied to the case of actuarially fair production insurance. The decomposition consists of a pure‐risk effect and an expansion effect which are analogous to the Hicks‐Allen decomposition familiar from consumer theory.