Fundamentals Of Production Theory
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Fundamentals of Production Theory
| Author | : Rolf Färe |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 171 |
| Release | : 2013-04-17 |
| Genre | : Business & Economics |
| ISBN | : 3642517226 |
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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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