𝔖 Bobbio Scriptorium
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ON THE COMPETITIVE FIRM UNDER PRODUCTION UNCERTAINTY*

✍ Scribed by Pope, Rulon D. ;Just, Richard E.

Book ID
115212752
Publisher
Wiley (Blackwell Publishing)
Year
1977
Tongue
English
Weight
498 KB
Volume
21
Category
Article
ISSN
0004-9395

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## Abstract In this paper, the behavior of the competitive firm under price uncertainty when the firm has access to an intertemporally unbiased futures market is examined. Futures contracts are marked‐to‐market and thus require interim cash settlement of gains and losses. The firm is subject to a l