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<link rid="b5">Chambers and Quiggin (2000)</link> use state-contingent representations of risky production technologies to establish important theoretical results concerning producer behavior under uncertainty. Unfortunately, perceived problems in the estimation of state-contingent models have limited the usefulness...
Persistent link: https://www.econbiz.de/10005290973
<xref ref-type="bibr" rid="R5">Chambers and Quiggin (2000)</xref> use state-contingent representations of risky production technologies to establish important theoretical results concerning producer behavior under uncertainty. Unfortunately, perceived problems in the estimation of state-contingent models have limited the usefulness...
Persistent link: https://www.econbiz.de/10009392541