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Title: BSEリスクの経済分析
Other Titles: An Economic Analysis of BSE
Authors: 大倉, 真人
Authors (alternative): Okura, Mahito
Issue Date: 26-Sep-2005
Publisher: 長崎大学経済学会
Citation: 經營と經濟 85(1-2) p.183-197
Abstract: The purpose of this article is to analyze the BSE risk in an economics approach. If the BSE risk occurs in a country, firms cannot import beef from it. The firms have some inventories to deal with the BSE risk. In this time, they decide to the level of inventories in relation to the BSE risk probability. Of course, they also have to consider the level of inventory costs in addition to each firm sells rather substitutable products in the market. Hence, they totally evaluate the BSE risk probability, inventory costs, and the strategies of rival firms. There are two main conclusions. First, the volume of inventories depends on the BSE risk probability and inventory costs. For example, if the BSE risk probability is low and inventory costs are high, the firm which faces with the BSE risk has no inventories. Second, if the degree of homogeneity among products becomes high, the firm which faces with the BSE risk reduces the inventories.
Keywords: BSE risk / inventories / Economics approach
URI: http://hdl.handle.net/10069/4992
ISSN: 02869101
Type: Departmental Bulletin Paper
Text Version: author
Appears in Collections:Volume 85, No. 1-2

Citable URI : http://hdl.handle.net/10069/4992

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