Sumários

Profit maximization

29 Outubro 2024, 18:00 Maria Catarina Salema Roseta Palma


One-step and two-step profit maximization: first-order conditions and interpretation
Output supply and input demands
Shutdown conditions

Cost

8 Outubro 2024, 19:30 Maria Catarina Salema Roseta Palma


Cost functions

Production function

8 Outubro 2024, 18:00 Maria Catarina Salema Roseta Palma


Production function 

Properties and examples
Returns to scale

Risk aversion

1 Outubro 2024, 19:30 Maria Catarina Salema Roseta Palma


Attitudes towards risk 

Selected exercises from J&R (chp.2)

Decision Making under risk

1 Outubro 2024, 18:00 Maria Catarina Salema Roseta Palma


Preference axioms

The VNM utility function