Karagiannis, Giannis; Gray, Richard - In: Scandinavian Journal of Economics 98 (1996) 3, pp. 453-60
Under production uncertainty, it is shown that the LeChatelier principle holds for the derived demand of the "i"th factor if it is technically complementary (competing) with the risk-increasing (risk-reducing) quasi-fixed input and absolute risk aversion is decreasing. In addition, the...