Sinossi
This text presents a complete summary of the major results in duality theory pioneered by Ronald W. Shephard. Building on this base, the authors present new findings including the duality relationship between the profit function and the eight equivalent representations of technology that were elucidated by Shephard. Finally, it provides a number of applications of duality theory to economic problems. These include efficiency measurement, index number theory, shadow pricing, cost-benefit analysis and econometric estimation.
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Contenuti
List of Figures. Preface. 1. Theories of the Firm through Duality. 2. Distance Functions. 3. Cost and Revenue Functions. 4. Indirect Distance Functions. 5. Indirect Cost and Revenue Functions. 6. The Profit Function. 7. Towards Empirical Applications. References. Subject Index. Author Index.
Product Description
Book by Fre Rolf Primont Daniel
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Multi-Output Production and Duality: Theory and Applications
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ISBN 13: 9780792395188
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Buch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du ality theory pioneered by Ronald W. Shephard in three of his books, Cost and Production Functions (1953), Theory of Cost and Produc tion Functions (1970), and Indirect Production Functions (1974). In this way, newcomers to the field would have easy access to these important ideas. In adg,ition, we report a few new results of our own. In particular, we show the duality relationship between the profit function and the eight equivalent representations of technol ogy that were elucidated by Shephard. However, in planning the book and discussing it with colleagues it became evident that such a book would be more useful if it also provided a number of applications of Shephard's duality theory to economic problems. Thus, we have also attempted to present exam ples of the use of duality theory in areas such as efficiency measure ment, index number theory, shadow pricing, cost-benefit analysis, and econometric estimation. Much of our thinking about duality theory and its uses has been influenced by our present and former collaborators. They include Charles Blackorby, Shawna Grosskopf, Knox Lovell, Robert Russell, and, not surprisingly, Ronald W. Shephard. We have also benefit ted over the years from many discussions with W. Erwin Diewert. 186 pp. Englisch. Codice articolo 9780792395188
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Condizione: New. This text presents a complete summary of the major results in duality theory pioneered by Ronald W. Shephard. It provides a number of applications of duality theory to economic problems. These include efficiency measurement, index number theory and shadow pricing. Num Pages: 172 pages, biography. BIC Classification: KCC; PBW. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 155 x 12. Weight in Grams: 444. . 1994. 1995th Edition. hardcover. . . . . Codice articolo V9780792395188
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Buch. Condizione: Neu. Multi-Output Production and Duality: Theory and Applications | Daniel Primont (u. a.) | Buch | xii | Englisch | 1994 | Springer Netherland | EAN 9780792395188 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu Print on Demand. Codice articolo 102522804
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ISBN 13: 9780792395188
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Buch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du ality theory pioneered by Ronald W. Shephard in three of his books, Cost and Production Functions (1953), Theory of Cost and Produc tion Functions (1970), and Indirect Production Functions (1974). In this way, newcomers to the field would have easy access to these important ideas. In adg,ition, we report a few new results of our own. In particular, we show the duality relationship between the profit function and the eight equivalent representations of technol ogy that were elucidated by Shephard. However, in planning the book and discussing it with colleagues it became evident that such a book would be more useful if it also provided a number of applications of Shephard's duality theory to economic problems. Thus, we have also attempted to present exam ples of the use of duality theory in areas such as efficiency measure ment, index number theory, shadow pricing, cost-benefit analysis, and econometric estimation. Much of our thinking about duality theory and its uses has been influenced by our present and former collaborators. They include Charles Blackorby, Shawna Grosskopf, Knox Lovell, Robert Russell, and, not surprisingly, Ronald W. Shephard. We have also benefit ted over the years from many discussions with W. Erwin Diewert.Springer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 186 pp. Englisch. Codice articolo 9780792395188
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