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文章基本信息

  • 标题:AN ECONOMIC ANALYSIS OF STABILIZING SCHEMES
  • 本地全文:下载
  • 作者:Subotnik, Abraham ; Houck, James P.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:1975
  • 卷号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:The main purpose of this paper is to analyze the welfare implications of stabilizing consumption and production and to compare it with the already-known welfare implications of stabilizing prices. Two sets of assumptions regarding supply behavior will be considered: (1) supply reacts instantaneously to a change in market prices, (2) producers react to changes in expected prices and expectations are "rational" within the context developed by J.F. Muth.
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