Fundamentals of Production Theory

Fundamentals of Production Theory

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This graduate text develops production theory from a set of reasonable axioms. The theory is presented both in a primal and dual as well as in an indirect (constrained) framework. The basic model leads to a set of efficiency measures which can be readily employed in empirical work. A first draft of the text was used to teach students at Vanderbilt University. The text includes a variety of exercise problems.

The Production Structure
Representing the Technology by Functions
Special Production Structures
Input Quantity Restricted Production
Cost, Revenue and Duality
Cost and Revenue Restricted Production
Towards A Dynamic Theory of Production
Performance Gauging.
ISBN 978-3-540-50030-8
Artikelnummer 9783540500308
Medientyp Buch
Copyrightjahr 1988
Verlag Springer, Berlin
Umfang IX, 163 Seiten
Abbildungen IX, 163 p.
Sprache Englisch