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.
| ISBN: | 9783540500308 |
| Publication date: | 27th July 1988 |
| Author: | Rolf Färe |
| Publisher: | Springer an imprint of Springer Berlin Heidelberg |
| Format: | Paperback |
| Pagination: | 163 pages |
| Series: | Lecture Notes in Economics and Mathematical Systems |
| Genres: |
Management of specific areas Management decision making Operational research Economics |