Estimation of production risk and risk preference function: a nonparametric approach

DOI10.1007/S10479-008-0472-5MaRDI QIDQ993733zbMATH OpenOpenAlexFDO

Authors Subal C. Kumbhakar, Efthymios G. Tsionas

Publication date 20 September 2010

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-008-0472-5

zbMATH Keywords

kernel methodrisk premiumproduction riskrisk preference function

Mathematics Subject Classification ID

Density estimation (62G07) Statistical methods; economic indices and measures (91B82) Production theory, theory of the firm (91B38)

Recommendations

• Nonparametric estimation of production risk and risk preference functions
• Production risk and the estimation of ex-ante cost functions
• Publication:4939942
• A non-parametric investigation of risk premia
• ESTIMATION OF ECONOMETRIC MODELS WITH NONPARAMETRICALLY SPECIFIED RISK TERMS
• Nonparametric estimation of the risk premium in case of the standard deviation principle
• RISK PREFERENCES UNDER PRICE UNCERTAINTIES AND PRODUCTION RISK

Cites work

• Boundary modification for kernel regression
• Flexible panel data models for risky production technologies with an application to salmon aquaculture
• Stochastic specification of production functions and economic implications

Cited in

(10)

• Does risk management affect productivity of organic rice farmers in India? Evidence from a semiparametric production model
• Adjustment costs in the technical efficiency: an application to global banking
• Separability of stochastic production decisions from producer risk preferences in the presence of financial markets
• Optimal allocation of a fixed production under price uncertainty
• Sourcing decision under interconnected risks: an application of mean-variance preferences approach
• Flexible panel data models for risky production technologies with an application to salmon aquaculture
• Production risk and the estimation of ex-ante cost functions
• Parameters measuring bank risk and their estimation
• RISK PREFERENCES UNDER PRICE UNCERTAINTIES AND PRODUCTION RISK
• Nonparametric estimation of production risk and risk preference functions

This page was built for publication: Estimation of production risk and risk preference function: a nonparametric approach

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q993733)