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sensitive

Overview page. Subjects: Medicine and Health.

adj. possessing the ability to respond to a stimulus. The cells of the retina, for example, are sensitive to the stimulus of light and respond by sending nerve impulses to the...

See overview in Oxford Index

Asset fixity under state-contingent production uncertainty

Sansi Yang and C Richard Shumway.

in European Review of Agricultural Economics

December 2018; p ublished online July 2018 .

Journal Article. Subjects: Production and Organizations; Agricultural Economics. 11963 words.

Abstract

Asset fixity of inputs is tested under state-contingent production uncertainty. We construct a general dynamic dual model for U.S. agriculture that...