Hedging and production decisions under uncertainty: A survey

Economy – Quantitative Finance – General Finance

Scientific paper

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Submitted to the Probability Surveys (http://www.i-journals.org/ps/) by the Institute of Mathematical Statistics (http://www.i

Scientific paper

This paper synthesizes and analyzes some important current and recent
contributions to the theory of the firm under uncertainty. In so doing, it
examines the production and hedging decisions of the competitive firm under a
single source and multiple sources of uncertainty.

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