Forward markets and the multiproduct,multifactor firm under price uncertainty |
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Authors: | Duncan M Holthausen |
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Institution: | North Carolina State University, Raleigh, NC 27650, USA |
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Abstract: | In this paper a competitive firm producing multiple outputs with multiple inputs is examined. All input and output prices are uncertain, and forward markets exist for all prices. The firm's optimal production and forward market strategies are analyzed. |
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