Incentive compatibility and the quantity-setting competitive firm under demand uncertainty
Author
Abstract
Suggested Citation
DOI: 10.1007/BF01234802
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Ishii, Yasunori, 1989. "Measures of Risk Aversion and Comparative Statics of Industry Equilibrium: Correction," American Economic Review, American Economic Association, vol. 79(1), pages 285-286, March.
- Batra, Raveendra N & Ullah, Aman, 1974. "Competitive Firm and the Theory of Input Demand under Price Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 537-548, May/June.
- Sandmo, Agnar, 1971.
"On the Theory of the Competitive Firm under Price Uncertainty,"
American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
- SANDMO, Agnar, 1971. "On the theory of the competitive firm under price uncertainty," LIDAM Reprints CORE 80, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Appelbaum, Elie & Katz, Eliakim, 1986. "Measures of Risk Aversion and Comparative Statics of Industry Equilibrium," American Economic Review, American Economic Association, vol. 76(3), pages 524-529, June.
- Hartman, Richard, 1976. "Factor Demand with Output Price Uncertainty," American Economic Review, American Economic Association, vol. 66(4), pages 675-681, September.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
- Drago, Robert & Turnbull, Geoffrey K, 1991. "Market Incentives and Work Incentives: The Question of Flexible Production," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(1), pages 77-83, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Henry Munneke & Joseph Ooi & C. Sirmans & Geoffrey Turnbull, 2015. "Real Estate Agents, House Prices, and Liquidity," The Journal of Real Estate Finance and Economics, Springer, vol. 50(1), pages 1-33, January.
- Sirmans, G. Stacy & Sirmans, C. F. & Turnbull, Geoffrey K., 1999. "Prices, incentives and choice of management form," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 173-195, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hennessy, David A., 1998.
"Industry equilibrium under price distribution and cost shifts,"
Journal of Economics and Business, Elsevier, vol. 50(6), pages 509-523, November.
- Hennessy, David A., 1998. "Industry Equilibrium Under Price Distribution and Cost Shifts," Staff General Research Papers Archive 1348, Iowa State University, Department of Economics.
- Hennessy, David A., 1997.
"Equilibrium in production and futures markets,"
Journal of Economics and Business, Elsevier, vol. 49(5), pages 399-418.
- Hennessy, David A., 1997. "Equilibrium in Production and Futures Markets," Staff General Research Papers Archive 10673, Iowa State University, Department of Economics.
- Krishna Kala M & Tan Ling Hui & Ranjan Ram, 2004.
"Quantity Controls, License Transferability, and the Level of Investment,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 3(1), pages 1-27, July.
- Ms. Ling H Tan & Ms. Kala Krishna & Mr. Ram Ranjan, 2001. "Quantity Controls, License Transferability, and the Level of Investment," IMF Working Papers 2001/206, International Monetary Fund.
- Kala Krishna & Ling Hui Tan & Ram Ranjan, 2002. "Quantity Controls, License Transferability, and the Level of Investment," NBER Working Papers 8796, National Bureau of Economic Research, Inc.
- Cherchye, L. & Post, G.T., 2001. "Methodological Advances in Dea," ERIM Report Series Research in Management ERS-2001-53-F&A, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- Ana Paula Martins, 2008.
"Uninsurable Risks: Uncertainty in Production, the Value of Information and Price Dispersion,"
Economics Bulletin, AccessEcon, vol. 28(8), pages 1.
- Ana Paula Martins, 2007. "Uninsurable Risks: Uncertainty in Production, the Value of Information and Price Dispersion," Annals of Economics and Finance, Society for AEF, vol. 8(2), pages 341-383, November.
- Biing‐Shiunn Yang & Chao‐Cheng Mai, 2009. "Löschian competition under demand uncertainty," Papers in Regional Science, Wiley Blackwell, vol. 88(4), pages 765-784, November.
- Richard Watt, 2020. "An Overlooked Result on the Competitive Firm under Output Price Risk: Are Factor Demand Curves Downward Sloping?," Working Papers in Economics 20/11, University of Canterbury, Department of Economics and Finance.
- Pan, Shihua, 1990. "The microfoundations of mixed system of planning and markets: some theoretical considerations and an empirical analysis of the Chinese agriculture," ISU General Staff Papers 1990010108000010876, Iowa State University, Department of Economics.
- Kit Pong Wong, 2003. "Forward Markets and the Behaviour of the Competitive Firm with Production Flexibility," Bulletin of Economic Research, Wiley Blackwell, vol. 55(3), pages 303-310, July.
- Guy Meunier, 2014.
"Risk Aversion and Technology Portfolios,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 44(4), pages 347-365, June.
- Guy Meunier, 2012. "Risk aversion and technology portfolios," Working Papers hal-00763358, HAL.
- Broll, Udo & Wong, Keith K.P., 2010. "The firm under uncertainty: capital structure and background risk," Dresden Discussion Paper Series in Economics 04/10, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
- Riedl, Arno & van Winden, Frans, 2012.
"Input versus output taxation in an experimental international economy,"
European Economic Review, Elsevier, vol. 56(2), pages 216-232.
- Arno Riedl & Frans van Winden, 2003. "Input Versus Output Taxation In An Experimental International Economy," Levine's Bibliography 666156000000000277, UCLA Department of Economics.
- Riedl, Arno & van Winden, Frans, 2004. "Input versus Output Taxation in an Experimental International Economy," IZA Discussion Papers 1344, Institute of Labor Economics (IZA).
- Arno Riedl & Frans van Winden, 2003. "Input versus Output Taxation in an Experimental International Economy," Tinbergen Institute Discussion Papers 03-058/1, Tinbergen Institute.
- Arno Riedl & Frans van Winden, 2003. "Input Versus Output Taxation in an Experimental International Economy," CESifo Working Paper Series 1088, CESifo.
- Hennessy, David A., 1993.
"Applications of contingent claims theory to microeconomic problems,"
ISU General Staff Papers
1993010108000011822, Iowa State University, Department of Economics.
- Hennessy, David A., 1995. "Applications of Contingent Claims Theory to Microeconomic Problems," Staff General Research Papers Archive 870, Iowa State University, Department of Economics.
- David A. Hennessy, 1995. "Applications of Contingent Claims Theory to Microeconomic Problems," Center for Agricultural and Rural Development (CARD) Publications 95-m7, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Ghosal, Vivek & Ye, Yang, 2019. "The impact of uncertainty on the number of businesses," Journal of Economics and Business, Elsevier, vol. 105(C).
- Fathali Firoozi, 1995. "On the Competitive Response to Technological Advance," The American Economist, Sage Publications, vol. 39(2), pages 61-64, October.
- Hennessy, David A., 1997.
"Stochastic technologies and the adoption decision,"
Journal of Development Economics, Elsevier, vol. 54(2), pages 437-453, December.
- Hennessy, David A., 1997. "Stochastic Technologies and the Adoption Decision," Staff General Research Papers Archive 5162, Iowa State University, Department of Economics.
- Mordecai Kurz, 2005. "Measuring the Ex-Ante Social Cost of Aggregate Volatility," Discussion Papers 04-006, Stanford Institute for Economic Policy Research.
- Udo Broll & Kit Wong, 2013. "The firm under uncertainty: real and financial decisions," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 36(2), pages 125-136, November.
- Watt, Richard, 2020. "Overlooked results on the competitive firm under output price risk: Alternative sufficient conditions for downward sloping factor demand curves," Economics Letters, Elsevier, vol. 196(C).
- Pindyck, Robert S., 1980. "Adjustment cost, demand uncertainty, and the behavior of the firm," Working papers 1112-80A., Massachusetts Institute of Technology (MIT), Sloan School of Management.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jeczfn:v:58:y:1993:i:1:p:77-90. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.