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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.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
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Princeton University Press, 2016
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
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ISBN 10: 0691647526
ISBN 13: 9780691647524
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Theory of Cost and Production Functions
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ISBN 10: 0691647526
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Hardback. Condition: New. 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. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press.These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. Seller Inventory # LU-9780691647524
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Theory of Cost and Production Functions
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ISBN 10: 0691647526
ISBN 13: 9780691647524
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Über den AutorRonald W. ShephardKlappentextrnrnA sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the econ. Seller Inventory # 447035983
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Theory of Cost and Production Functions
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ISBN 10: 0691647526
ISBN 13: 9780691647524
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Condition: New. Series: Princeton Studies in Mathematical Economics. Num Pages: 322 pages, black & white illustrations. BIC Classification: KCC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 19. Weight in Grams: 628. . 2017. Hardback. . . . . Seller Inventory # V9780691647524
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Theory of Cost and Production Functions
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ISBN 10: 0691647526
ISBN 13: 9780691647524
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Buch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - 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.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. Seller Inventory # 9780691647524
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Theory of Cost and Production Functions
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Princeton University Press, US, 2016
ISBN 10: 0691647526
ISBN 13: 9780691647524
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Seller: Rarewaves USA United, OSWEGO, IL, U.S.A.
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Hardback. Condition: New. 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. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press.These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. Seller Inventory # LU-9780691647524
Quantity: Over 20 available
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Theory of Cost and Production Functions
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ISBN 10: 0691647526
ISBN 13: 9780691647524
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Condition: New. Series: Princeton Studies in Mathematical Economics. Num Pages: 322 pages, black & white illustrations. BIC Classification: KCC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 19. Weight in Grams: 628. . 2017. Hardback. . . . . Books ship from the US and Ireland. Seller Inventory # V9780691647524
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Theory of Cost and Production Functions (Hardcover)
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ISBN 10: 0691647526
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Hardcover. Condition: new. Hardcover. 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. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press.These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. 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 techni Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780691647524
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Theory of Cost and Production Functions (Princeton Studies in Mathematical Economics)
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Hardcover. Condition: Brand New. 322 pages. 9.25x6.12x1.02 inches. In Stock. Seller Inventory # x-0691647526
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