Theory of Cost and Production Functions:
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Princeton, N.J.
Princeton University Press
[2015]
|
Schlagworte: | |
Online-Zugang: | UER01 Volltext |
Beschreibung: | 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 paperback editions preserve the original texts of these important books while presenting them in durable paperback 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 |
Beschreibung: | 1 Online-Ressource (320p.) |
ISBN: | 9781400871087 |
DOI: | 10.1515/9781400871087 |
Internformat
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500 | |a 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 paperback editions preserve the original texts of these important books while presenting them in durable paperback 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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Datensatz im Suchindex
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---|---|
any_adam_object | |
author | Shepherd, Ronald |
author_facet | Shepherd, Ronald |
author_role | aut |
author_sort | Shepherd, Ronald |
author_variant | r s rs |
building | Verbundindex |
bvnumber | BV042693864 |
collection | ZDB-23-DGG ebook |
ctrlnum | (OCoLC)979578935 (DE-599)BVBBV042693864 |
dewey-full | 338.5/01/82 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.5/01/82 |
dewey-search | 338.5/01/82 |
dewey-sort | 3338.5 11 282 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1515/9781400871087 |
format | Electronic eBook |
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institution | BVB |
isbn | 9781400871087 |
language | English |
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spelling | Shepherd, Ronald Verfasser aut Theory of Cost and Production Functions Ronald William Shepherd Princeton, N.J. Princeton University Press [2015] 1 Online-Ressource (320p.) txt rdacontent c rdamedia cr rdacarrier 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 paperback editions preserve the original texts of these important books while presenting them in durable paperback 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 In English BUSINESS & ECONOMICS / Economics / Microeconomics bisacsh Cost Economics, Mathematical Value Wirtschaft Kostentheorie (DE-588)4120609-5 gnd rswk-swf Produktionstheorie (DE-588)4121520-5 gnd rswk-swf Produktionstheorie (DE-588)4121520-5 s Kostentheorie (DE-588)4120609-5 s 1\p DE-604 https://doi.org/10.1515/9781400871087 Verlag Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Shepherd, Ronald Theory of Cost and Production Functions BUSINESS & ECONOMICS / Economics / Microeconomics bisacsh Cost Economics, Mathematical Value Wirtschaft Kostentheorie (DE-588)4120609-5 gnd Produktionstheorie (DE-588)4121520-5 gnd |
subject_GND | (DE-588)4120609-5 (DE-588)4121520-5 |
title | Theory of Cost and Production Functions |
title_auth | Theory of Cost and Production Functions |
title_exact_search | Theory of Cost and Production Functions |
title_full | Theory of Cost and Production Functions Ronald William Shepherd |
title_fullStr | Theory of Cost and Production Functions Ronald William Shepherd |
title_full_unstemmed | Theory of Cost and Production Functions Ronald William Shepherd |
title_short | Theory of Cost and Production Functions |
title_sort | theory of cost and production functions |
topic | BUSINESS & ECONOMICS / Economics / Microeconomics bisacsh Cost Economics, Mathematical Value Wirtschaft Kostentheorie (DE-588)4120609-5 gnd Produktionstheorie (DE-588)4121520-5 gnd |
topic_facet | BUSINESS & ECONOMICS / Economics / Microeconomics Cost Economics, Mathematical Value Wirtschaft Kostentheorie Produktionstheorie |
url | https://doi.org/10.1515/9781400871087 |
work_keys_str_mv | AT shepherdronald theoryofcostandproductionfunctions |