The effect of fertilizer on risk: a heteroscedastic production function with measurable stochastic inputs

The sources of production risk are many and diverse in nature. Estimating risk as a black box, without explicit recognition of its sources, can lead to inferior estimates of optimal inputs under risk aversion. In this paper, a method is presented for estimating production functions with measurable s...

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Bibliographic Details
Main Authors: Rosegrant, Mark W., Roumasset, James A.
Format: Journal Article
Language:Inglés
Published: Wiley 1985
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Online Access:https://hdl.handle.net/10568/170572

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