A Simple Procedure to Evaluate Ex Ante Producer Welfare under Price Uncertainty
提出一种简单方法，用于在价格不确定时评估生产者福利。该方法假设常数绝对风险厌恶，风险偏好取决于财富存量而非收入流量，数值例子验证了其性质。
Abstract A simple procedure is proposed for evaluating producer welfare under price uncertainty. The method is derived under the assumption of constant absolute risk aversion in which risk preferences depend on the stock of wealth but not on the flow of income. Numerical examples corroborate the procedure's properties.