Demand uncertainty, price-fixing firms, and parameter estimation

Decision models of the firm under uncertainty appear to generate a new class of econometric problems. A specific case and the nature of the estimation problem is described in this paper. The general structure of the identification problem encountered in such a context will, perhaps, be evident only...

Full description

Saved in:
Bibliographic Details
Published in:Economics letters 1987, Vol.24 (3), p.243-247
Main Authors: Ramamohan Rao, T.V.S., Singh, Saraswati P.
Format: Article
Language:English
Subjects:
Demand uncertainty
Pricing
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Decision models of the firm under uncertainty appear to generate a new class of econometric problems. A specific case and the nature of the estimation problem is described in this paper. The general structure of the identification problem encountered in such a context will, perhaps, be evident only after working through several such variations.
ISSN:0165-1765
1873-7374
DOI:10.1016/0165-1765(87)90124-8