Advertisement

Choice of technologies and dynamic values efficiency order

  • Alberto Quadrio Curzio
  • Fausta Pellizzari
Chapter

Abstract

In the previous Chapter we established both the potential and the limits of the dynamic physical efficiency order. Even in the simpler case, in which the determination of the order is achieved with the comparison of techniques employing the same Npmp, this Oe cannot be resolved when:
  1. a)

    the technologies have the same uniform rates of net product, but non-orderable residuals (Chapter VII, § 7);

     
  2. b)

    the technologies have the same uniform rates of net product, but the commodity that can be entirely accumulated by the two technologies is different (Chapter VIII, § 8);

     
  3. c)

    the technologies have different uniform rates of net product (except for some particular cases discussed in Chapter VII, § 9)

     

Keywords

Discount Rate Price Vector Initial Endowment Uniform Rate Previous Chapter 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • Alberto Quadrio Curzio
    • 1
  • Fausta Pellizzari
    • 2
  1. 1.Catholic UniversityMilanItaly
  2. 2.Faculty of Political ScienceCatholic UniversityMilanItaly

Personalised recommendations