Cost Functions and Duality for Stochastic Technologies
Robert Chambers () and
John Quiggin ()
American Journal of Agricultural Economics, 1998, vol. 80, issue 2, pages 288-295
Cost functions dual to stochastic production technologies are derived and their properties are discussed. These cost functions are shown to be consistent with expected-utility maximization without placing serious structural restrictions on the underlying technology. Copyright 1998, Oxford University Press.
References: Add references at CitEc
Citations View citations in EconPapers (25) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
Working Paper: Cost Functions and Duality for Stochastic Technologies (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:oup:ajagec:v:80:y:1998:i:2:p:288-295
Access Statistics for this article
American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu
More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Series data maintained by Oxford University Press ().