Price uncertainty,economies of scale and the competitive firm |
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Authors: | Lars Thorlund-Petersen Bengt-Arne Wickström |
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Affiliation: | The Norwegian School of Economics and Business Administration, N-5035 Bergen-Sandviken, Norway |
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Abstract: | The supply correspondence of a competitive firm facing price uncertainty is characterized assuming the firm to be asymptotically risk averse. |
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