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The concept of parameter identification (for a given specification) is differentiated from global identification (which specification is right). First-order conditions for production under risk are shown to admit many alternative specification pairs representing risk preferences and either...
Persistent link: https://www.econbiz.de/10008866452
A price discrimination model is proposed to explain why firms provide extraneous information on Internet sites selling agricultural inputs. Whether an informative site is offered depends on price discrimination potential, which depends on how much farmers reveal heterogeneity by Internet...
Persistent link: https://www.econbiz.de/10009397606
The importance of risk preferences in agricultural production has long been identified as an important and preeminent issue of policy relevance. Recent developments in the study of production risk have called into question much of the core of risk production research. This article provides an...
Persistent link: https://www.econbiz.de/10010823001
Persistent link: https://www.econbiz.de/10010916865
A price discrimination model is proposed to explain extraneous information provided by internet sales sites for agricultural inputs. Whether an informative site is offered depends on price discrimination potential, which depends on how much farmers reveal heterogeneity by internet behavior....
Persistent link: https://www.econbiz.de/10010921349
A price discrimination model is proposed to explain why firms provide extraneous information on Internet sites selling agricultural inputs. Whether an informative site is offered depends on price discrimination potential, which depends on how much farmers reveal heterogeneity by Internet...
Persistent link: https://www.econbiz.de/10005324877
Persistent link: https://www.econbiz.de/10008889256
Persistent link: https://www.econbiz.de/10009949090
Persistent link: https://www.econbiz.de/10009891194
The importance of risk preferences in agricultural production has long been identified as an important and preeminent issue of policy relevance. Recent developments in the study of production risk have called into question much of the core of risk production research. This article provides an...
Persistent link: https://www.econbiz.de/10013132685