Teoría de la empresa bajo incertidumbre con mercado de futurosel papel de los costes fijos y de un impuesto sobre los beneficios
- Álvarez López, Alberto Augusto
- Rodríguez Puerta, Inmaculada
ISSN: 1575-605X
Year of publication: 2009
Volume: 10
Issue: 1
Pages: 253-265
Type: Article
More publications in: Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA
Abstract
The seminal model for the competitive firm under price uncertainty presented by Sandmo (1971) is enhanced by Holthausen (1979) by considering a forward market for the output produced by the firm. Our paper examines two aspects not studied in Holthausen�s paper: the effect of a variation in fixed costs and the consideration of a profit tax. In addition, we proof our results, including those originally obtained by Holthausen, with methods which are new for this model; these methods generalize and enhance those of Lippman y McCall (1982).
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