Cost Functions and Duality for Stochastic Technologies
推导了与随机生产技术对偶的成本函数,并讨论了其性质,证明这些成本函数与期望效用最大化一致,且对底层技术结构限制较少。
Abstract Cost functions dual to stochastic production technologies are derived and their properties are discussed. These cost functions are shown to be consistent with expected‐utility maximization without placing serious structural restrictions on the underlying technology.