Abstract
We show that a separation of hedging and production decisions does not hold for a cooperative firm under price and output uncertainty and that its production decision is not sensitive to the functional form of the production function.
Original language | English |
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Pages (from-to) | 159-163 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 22 |
Issue number | 2-3 |
DOIs | |
Publication status | Published - 1986 |
Externally published | Yes |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics