production costs in an imperfectly competitive product market. This is done without invoking any agency problem or other form of …

foreign countries, we show that the firm's production decision is independent of the firm's risk attitude and of the …

on high value added production. …

This paper analyzes microeconomic production functions of Czech small medium enterprises. We use the data from 2002 to … production process. Our results demonstrate that Czech SME depend in their functioning more on labour than on capital. The impact …

model in which domestic and foreign investment interact in two important ways. First, the MNC's production technology allows … from Canadian MNCs that invest solely in the United States. Our estimtes support the view that production and adjustment …

marginal effects of price uncertainty on production are both positive (negative) when regret aversion prevails if the random … of the price distribution as such plays a pivotal role in determining the regret-averse firm's production decision. …

This paper examines the production and hedging decisions of the competitive firm under price uncertainty when the firm … difference between the actual profit and the maximum profit attained by making the optimal production and hedging decisions had …

We consider a model of production with a continuum of linear techniques and examine the related choice of technique and …

firms under certainty. This paper extends the theory by further investigating the effects of regret-aversion on production …-averse firms to produce more than the purely risk-averse counterparts and study the comparative statics of the optimal production …. We also develop properties of regret-aversion on production. …