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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.
Published by: Springer
Publication Date: 1988-07-27
Format: Paperback
ISBN-13: 9783540500308
DOI: 10.1007/978-3-642-51722-8
Dimensions: 279cm x210cm
Pages: 163