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The Production Of Goods In Excess Of Demand: A Generalization Of Self Protection

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dc.creator Haritchabalet, Carole
dc.date 2007-11-08T16:03:53Z
dc.date 2007-11-08T16:03:53Z
dc.date 1999-02
dc.date.accessioned 2017-01-31T00:58:16Z
dc.date.available 2017-01-31T00:58:16Z
dc.identifier http://hdl.handle.net/10261/1967
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1967
dc.description We consider a risk-averse firm producing a limited number of goods which can be defective. The firm must determine its level of production before knowing which goods will be defective. This is the case for example for a producer of telecommunication satellites. The problem under scrutiny can be interpreted as a generalization of self protection for more than two states of nature. In our model, the firm determines jointly its level of production and its demand for insurance. It is shown that, under reasonable assumptions, the two strategies are complements.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 441.99
dc.rights openAccess
dc.subject Reserve goods
dc.subject Self protection
dc.subject Insurance
dc.title The Production Of Goods In Excess Of Demand: A Generalization Of Self Protection
dc.type Documento de trabajo


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