THE RICARDIAN RENT AND THE ALLOCATION OF LAND UNDER UNCERTAINTY

被引：6
|
作者：
CHAVAS, JP
机构：
来源：
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS | 1993年 / 20卷 / 04期
关键词：
RICARDO; UNCERTAINTY; RENT; LAND ALLOCATION;
D O I：
10.1093/erae/20.4.451
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
Risk and risk aversion are introduced in a Ricardian model of the pricing and allocation of land. The rental price of land and agricultural production decisions are analysed in a market equilibrium context. It is shown how uncertainty influences the Ricardian rent, farm output, the average productivity of the land, and the nature of market equilibrium.
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页码：451 / 469
页数：19
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