أعرض تسجيلة المادة بشكل مبسط
| dc.creator |
Nicolini, Rosella |
|
| dc.creator |
Menoncin, Francesco |
|
| dc.date |
2007-10-31T12:22:13Z |
|
| dc.date |
2007-10-31T12:22:13Z |
|
| dc.date |
2005-02-03 |
|
| dc.date.accessioned |
2017-01-31T00:57:50Z |
|
| dc.date.available |
2017-01-31T00:57:50Z |
|
| dc.identifier |
http://hdl.handle.net/10261/1765 |
|
| dc.identifier.uri |
http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1765 |
|
| dc.description |
This paper aims at assessing the optimal behavior of a firm facing stochastic costs of production. In an imperfectly competitive setting, we evaluate to what extent a firm may decide to locate part of its production in other markets different from which it is actually settled. This decision is taken in a stochastic environment. Portfolio theory is used to derive the optimal solution for the intertemporal profit maximization problem. In such a framework, splitting production between different locations may be optimal when a firm is able to charge different prices in the different local markets. |
|
| dc.description |
R. Nicolini research is supported by Ramón y Cajal contract of the Spanish Ministerio de Ciencia y Tecnología and by Barcelona Economics Program of CREA. |
|
| dc.language |
eng |
|
| dc.relation |
UFAE and IAE Working Papers |
|
| dc.relation |
640.05 |
|
| dc.rights |
openAccess |
|
| dc.subject |
Firm behaviour |
|
| dc.subject |
Portfolio theory |
|
| dc.subject |
Risk aversion |
|
| dc.subject |
Uncertainty |
|
| dc.title |
The optimal behaviour of firms facing stochastic costs |
|
| dc.type |
Documento de trabajo |
|
الملفات في هذه المادة
|
لا توجد أي ملفات مرتبطة بهذه المادة.
|
هذه المادة تبدو في المجموعات التالية:
أعرض تسجيلة المادة بشكل مبسط