“…Following Zylberberg (1981) and Fraser (1984) we assume that product demand yd is considered to be a random variable by the company. By assumption labour volume l is fixed at the beginning of a period, and cannot be changed during the period.…”
Section: Output Uncertainty and Labour Demandmentioning
“…Following Zylberberg (1981) and Fraser (1984) we assume that product demand yd is considered to be a random variable by the company. By assumption labour volume l is fixed at the beginning of a period, and cannot be changed during the period.…”
Section: Output Uncertainty and Labour Demandmentioning
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