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Aggregation of Inputs Under Risk
Author(s) -
Pope Rulon D.,
Hallam Arne
Publication year - 1988
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1241923
Subject(s) - production (economics) , econometrics , computer science , test (biology) , economics , microeconomics , paleontology , biology
The implications of primal separability on choice are examined. Separability under risk imposes strong restrictions on input demands. These restrictions can be used to test for separability of production. Alternatively, one can test directly separability of production and infer what separability implies about behavior. This latter approach is taken since an application is analyzed.