Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001481901
This paper presents a unified perspective on the production responses of the competitive firm to three conventional distributional shifts: (i) a rightward shift of the distribution, (ii) a Rothschild-Stiglitz increase in risk, and (iii) a Menezes et al. increase in downside risk. In particular,...
Persistent link: https://www.econbiz.de/10014154431