On the Structure of Technologies of an Input-Limited Unit
Technologies of an input-limited unit, characterized by a bounded subset of the global vector of inputs, are of interest because production activities often take place under constraints on the quantities of inputs procurable over finite periods. If an organization produces a vector of outputs, the part of that vector representing by-products such as pollutants may also be constrained by storage limitations or by government regulations. In this case production takes place with an output-limited unit.
Unable to display preview. Download preview PDF.
- Aczel, J.: Lectures in Functional Equations and Their Applications. New York-San Francisco-London 1970.Google Scholar
- Blackorby, C., D. Primont, and Ä. Russell: Duality, Separability, and Functional Structure: Theory an and Applications. New York-Amsterdam 1978.Google Scholar
- Gorman, W.: Tricks with Utility Functions. Essays in Economic Analysis: Proceedings of the 1975 AU AUTE Conference, Sheffield. Ed. by M. Artis and A. Mobay. Cambridge 1976.Google Scholar
- Shephard, R.: Theory of Cost and Production Functions. Princeton 1970.Google Scholar
- Shephard, R.: Semi-Homogeneous Production Functions and Scaling of Production. Production Theory. Ed. by W. Eichhorn et al. New York-Heidelberg-Berlin 1974.Google Scholar
- Shephard, R., and R. Färe: The Law of Diminishing Returns. Zeitschrift für Nationalökonomie 34, 1974, 69–90.Google Scholar