98/01980 Implications of output price risk and operating leverage for the evaluation of petroleum development projects

1998 ◽  
Vol 39 (3) ◽  
pp. 181
Keyword(s):  
Price Risk ◽  
Development Projects ◽  
Output Price ◽  
Petroleum Development ◽  
Operating Leverage

scholarly journals Output price risk, material input price risk, and price margins: Evidence from the US catfish industry

2017 ◽  
Vol 29 ◽  
pp. 23-36
Author(s):  
David Bouras ◽  
◽  
Ogugua Anunoby ◽  
Otabek Saitakhunov ◽  
◽  
...  
Keyword(s):  
Price Risk ◽  
Input Price ◽  
Output Price ◽  
The Us ◽  
Material Input

scholarly journals Dairy Supply and Factor Demand Response to Output Price Risk: An Econometric Assessment

1989 ◽  
Vol 18 (2) ◽  
pp. 103-108 ◽  
Author(s):  
Yir-Hueih Luh ◽  
Spiro E. Stefanou
Keyword(s):  
Decision Making ◽  
Expected Utility ◽  
Price Risk ◽  
Demand Functions ◽  
Output Price ◽  
Price Series ◽  
Factor Demand ◽  
Variable Factor ◽  
Production Decision ◽  
Econometric Assessment

The model of production decision making for the expected utility maximizing firm under output price uncertainty is applied to a panel Pennsylvania dairy operators. The model generalized duality implemented in this paper has the advantage of generating a system of supply and variable factor demand functions that consistently account for the presence of output price risk. The application to Pennsylvania dairy operators indicates that output price risk measured by the second and third moments of individual operators’ historical output price series is not an important factor in production decision making. In addition to not maximizing expected utility, these operators are not expected profit maximizers.

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