Multi-Output Production and Duality: Theory and Applications

Multi-Output Production and Duality: Theory and Applications

AngličtinaMäkká väzbaTlač na objednávku
Färe, Rolf
Springer
EAN: 9789401042840
Tlač na objednávku
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Podrobné informácie

Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du­ ality theory pioneered by Ronald W. Shephard in three of his books, Cost and Production Functions (1953), Theory of Cost and Produc­ tion Functions (1970), and Indirect Production Functions (1974). In this way, newcomers to the field would have easy access to these important ideas. In adg,ition, we report a few new results of our own. In particular, we show the duality relationship between the profit function and the eight equivalent representations of technol­ ogy that were elucidated by Shephard. However, in planning the book and discussing it with colleagues it became evident that such a book would be more useful if it also provided a number of applications of Shephard's duality theory to economic problems. Thus, we have also attempted to present exam­ ples of the use of duality theory in areas such as efficiency measure­ ment, index number theory, shadow pricing, cost-benefit analysis, and econometric estimation. Much of our thinking about duality theory and its uses has been influenced by our present and former collaborators. They include Charles Blackorby, Shawna Grosskopf, Knox Lovell, Robert Russell, and, not surprisingly, Ronald W. Shephard. We have also benefit­ ted over the years from many discussions with W. Erwin Diewert.
EAN 9789401042840
ISBN 9401042845
Typ produktu Mäkká väzba
Vydavateľ Springer
Dátum vydania 27. septembra 2012
Stránky 172
Jazyk English
Rozmery 235 x 155
Krajina Netherlands
Čitatelia Professional & Scholarly
Autori Fare, Rolf; Primont Daniel
Ilustrácie XII, 172 p.
Edícia Softcover reprint of the original 1st ed. 1995