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Fundamentals of Production Theory

  • Rolf Färe
Book

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 311)

Table of contents

  1. Front Matter
    Pages I-IX
    PDF
  2. Introduction
    Rolf Färe
    Pages 1-2
  3. The Production Structure
    Rolf Färe
    Pages 3-21
  4. Representing the Technology by Functions
    Rolf Färe
    Pages 22-42
  5. Special Production Structures
    Rolf Färe
    Pages 43-61
  6. Input Quantity Restricted Production
    Rolf Färe
    Pages 62-80
  7. Cost, Revenue and Duality
    Rolf Färe
    Pages 81-104
  8. Cost and Revenue Restricted Production
    Rolf Färe
    Pages 105-116
  9. Towards A Dynamic Theory of Production
    Rolf Färe
    Pages 117-126
  10. Performance Gauging
    Rolf Färe
    Pages 127-148
  11. Back Matter
    Pages 149-163
    PDF

About this book

Introduction

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.

Keywords

duality efficiency production university value-at-risk

Authors and affiliations

  • Rolf Färe
    • 1
  1. 1.Department of EconomicsSouthern Illinois UniversityCarbondaleUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-51722-8
  • Copyright Information Springer-Verlag Berlin Heidelberg 1988
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-50030-8
  • Online ISBN 978-3-642-51722-8
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site
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