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essential. The robustness of such inferences is dependent on sample size. The purpose of this study is to examine the impact of …
Persistent link: https://www.econbiz.de/10009020941
The functional specification of mean-standard deviation approach is examined under location and scale parameter condition. Firstly, the full set of restrictions imposed on the mean-standard deviation function under the location and scale parameter condition are made clear. Secondly, the...
Persistent link: https://www.econbiz.de/10005804914
abatement investment and taxes when the cost of the environmental regulation varies spatially under uncertainty. It contributes … environmental regulation uncertainty. An increase in the cost of the environmental regulation moves a risk-averse firm closer to the …. Uncertainty about environmental regulations in the form of the abatement investment and taxes also leads a risk-averse firm to …
Persistent link: https://www.econbiz.de/10005805897
-input firm, and introduces uncertainty in the level of target output which conditions the cost minimization problem, in the …
Persistent link: https://www.econbiz.de/10009020264
We used a state contingent approach to give a detailed analysis of the uncertainty surrounding seed trait adoption. Our …
Persistent link: https://www.econbiz.de/10009020632
In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a …
Persistent link: https://www.econbiz.de/10009020915
spinach to reduce profit uncertainty caused by the probability of a future outbreak. Alternatively, farms may have increased …
Persistent link: https://www.econbiz.de/10009020935
In this paper we examine the issue of permanence in the context of sequestering carbon through afforestation. We develop a dynamic nested optimal control model of carbon sequestration associated with the decision to afforest a tract of land given there are uncertainties associated with fire and...
Persistent link: https://www.econbiz.de/10009020952
Replaced with revised version of paper 07/22/11.
Persistent link: https://www.econbiz.de/10009021233
The Neoclassical theory of production establishes a dual relationship between the profit value function of a competitive firm and its underlying production technology. This relationship, usually referred to as the duality theory, has been widely used in empirical work to estimate production...
Persistent link: https://www.econbiz.de/10009021446