product producer. The multi-product model is an application of the general theory of value to the particular case of … depository firms. It generalizes the theory of bank behavior to include production and cost aspects of banking activity as well … analyze the check clearance function in isolation. Risk aversion, production function constraint, jointness, and multiple …

The entropic value of the production risk is closely linked to the farmer's aversion to this type of risk. Since risk … covering the production risk through adequate financial resources. The classification of the Selyaninov index value as measure … of the production risk based on the MaxEnt model utilization makes it possible to evaluate the production risk and the …

season may lead the decentralized production of those inputs by risk averse private input providers to be inefficient. A …

risk-aversion … geometrical interpretation of the coefficient of risk-aversion, which is intrinsic to the farmer, as well as an approach to infer … this coefficient of risk-aversion from farm-level accounting data. A new indicator to detect the nature states is also …

We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a … shocks and insure themselves by participating in a risk-sharing arrangement. Incomplete insurance distorts households … panel data from rural India, we quantify the losses attributable to limited risk-sharing. Completing insurance markets leads …