On the hedging and output behavior of the competitive cooperative firm under price and production uncertainty

Shoji Haruna

Research output: Contribution to journalArticle


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 languageEnglish
Pages (from-to)159-163
Number of pages5
JournalEconomics Letters
Issue number2-3
Publication statusPublished - 1986
Externally publishedYes


ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

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