Title: Fundamentals of Production Theory (Lecture Notes in Economics and Mathematical Systems, 311)
Publisher: Springer
Publication Date: 1988
Language: English
ISBN 10: 3540500308
ISBN 13: 9783540500308
Binding: Soft cover
Condition: New

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Synopsis

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.

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