Advertisement

6 Theory of the Firm

  • Thorsten Hens
  • Marc Oliver Rieger
Chapter
  • 429 Downloads
Part of the Springer Texts in Business and Economics book series (STBE)

Abstract

Suppose S = 1 and wealth in period one is produced from wealth in period zero by the production function \(\sqrt {\quad}\). Define the production technology set \(Y \subset \mathbb {R}^2\) and check whether the properties (i)–(v) given in Assumption 6.1 in the book are satisfied.

Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature 2019

Authors and Affiliations

  • Thorsten Hens
    • 1
  • Marc Oliver Rieger
    • 2
  1. 1.Department of Banking and FinanceUniversity of ZurichZürichSwitzerland
  2. 2.Department of Business AdministrationUniversity of TrierTrierGermany

Personalised recommendations