France Hotels Travel :: Econometric tests of firm decision making under uncertainty - optimal output and hedging: comment. (comment on Timothy Park and Frances Antonovitz, Southern ... An article from: Southern Economic Journal


Econometric tests of firm decision making under uncertainty - optimal output and hedging: comment. (comment on Timothy Park and Frances Antonovitz, Southern ... An article from: Southern Economic Journal

Econometric tests of firm decision making under uncertainty - optimal output and hedging: comment. (comment on Timothy Park and Frances Antonovitz, Southern ... An article from: Southern Economic Journal
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Manufacturer: Southern Economic Association
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Binding: Digital
Brand: The Gale Group
Format: HTML
Label: Southern Economic Association
Manufacturer: Southern Economic Association
Number Of Pages: 9
Publication Date: 1994-07-01
Publisher: Southern Economic Association
Release Date: 2005-07-28
Studio: Southern Economic Association

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This digital document is an article from Southern Economic Journal, published by Southern Economic Association on July 1, 1994. The length of the article is 2634 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A previous study by Timothy Park and Frances Antonovitz sought to construct an empirical model of a futures trading firm's behavior in the presence of basic risk. However, the study failed to consider the fact that the second period futures price is dependent on the future spot price, a factor that lessens the empirical model's effectiveness. Furthermore, the study's conclusions regarding a test for constant absolute risk aversion were largely incorrect.

Citation Details
Title: Econometric tests of firm decision making under uncertainty - optimal output and hedging: comment. (comment on Timothy Park and Frances Antonovitz, Southern Economic Journal, Jan. 1992, pp. 593)
Author: Ardeshir J. Dalal
Publication: Southern Economic Journal (Refereed)
Date: July 1, 1994
Publisher: Southern Economic Association
Volume: v61 Issue: n1 Page: p213(5)

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