Abstract
We show a simple methodology (or scheme to work) to study comparative-static effects in some models of the theory of the firm under uncertainty. We present this methodology in detail for a basic production model with only one decision variable (SANDMO’s model). Then we sketch it for a model with two decision variables (HOLTHAUSEN’s model with a forward market), and for a model of optimal allocation of production (a two-ends model, of our own).
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References
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Acknowledgements
Previous versions of the material for this work were presented in ASEPUMA Annual Meeting in 2007 and 2008, and in EURO 2010.
The authors would like to thank Alberto Pinto for his kind invitation to write this paper. Alberto A. Álvarez-López would also like to thank the financial support provided by the Spanish Interministerial Commission of Science and Technology (CICYT: Comisión Interministerial de Ciencia y Tecnología), under the Project with the reference number ECO2008-06395-C05-03.
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Álvarez-López, A.A., Rodríguez-Puerta, I. (2011). A Methodological Contribution in the Theory of the Firm Under Uncertainty. In: Peixoto, M., Pinto, A., Rand, D. (eds) Dynamics, Games and Science II. Springer Proceedings in Mathematics, vol 2. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-14788-3_7
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DOI: https://doi.org/10.1007/978-3-642-14788-3_7
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