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Synopsis
A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production.
The approach is axiomatic for a definition of technology, by mappings of input vectors into subsets of output vectors that represent the unconstrained technical possibilities of production. To provide a completely general means of characterizing a technology, an alternative to the production function, called the Distance Function, is introduced.
The duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems.
The special class of production structures called Homothetic is given more general definition and extended to technologies with multiple outputs.
Originally published in 1971.
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- PublisherPrinceton University Press
- Publication date1971
- ISBN 10 0691041989
- ISBN 13 9780691041988
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages322
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
Published by
Princeton University Press, 1971
ISBN 10: 0691041989
ISBN 13: 9780691041988
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Hardcover
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Hardcover. Condition: Very Good. 1970. Blue cloth covered boards with gold spine titles; mild edge wear; jacket is worn with small tears at edges; 8vo - over 7 3/4" to 9 3/4" tall; previous owner's name on free front endpaper; 308 pages. Seller Inventory # SKU1116811
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
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Princeton University Press, 1971
ISBN 10: 0691041989
ISBN 13: 9780691041988
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
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Princeton University Press, 1971
ISBN 10: 0691041989
ISBN 13: 9780691041988
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Theory of Cost and Production Functions
Published by
Princeton University Press, 1971
ISBN 10: 0691041989
ISBN 13: 9780691041988
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Hardcover. Condition: Very Good. Dust Jacket Condition: Very Good. Text is unmarked; pages are bright. Previous owner's stamp on the top edge of the pages and again on the first free end page. Binding is sturdy; the upper corners of the covers are bumped. Dust jacket shows some wear around the edges and the dust jacket spine is age toned. There is a small sticker ghost on the front of the dust jacket. 308pp. Seller Inventory # 067631
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Theory of Cost and Production Functions. Princeton Studies in Mathematical Economics 4.
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ISBN 10: 0691041989
ISBN 13: 9780691041988
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XI, 308 S., zahlr. Fig., gr.okt., Ln., OU.- [ Wirtschaftswissenschaft Volkswirtschaft Mathematik SpracheEN J| 1970 N| Ronald W. Shephard | 84035 ]. Seller Inventory # 84035-1
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
Published by
Princeton University Press, 1971
ISBN 10: 0691041989
ISBN 13: 9780691041988
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hardcover. Condition: Very Good. Very Good. book. Seller Inventory # D8S0-3-M-0691041989-2
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THEORY OF COST AND PRODUCTION FUNCTIONS
Published by
Princeton University Press, Princeton NJ, 1970
ISBN 10: 0691041989
ISBN 13: 9780691041988
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Hardcover. Condition: Near Fine. Dust Jacket Condition: Very Good. First U.S Edition. 308 pages in excellent condition. Previous owner's name on the ffep. Blue hardcovers with gilt titles on the spine. Corners not bumped. Grey DJ with blue titles. Spine and edges yellowed. NEAR FINE/VG. Book. Seller Inventory # 212396
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