Dynamic Efficiency and Productivity Measurement (Hardcover)

A systematic treatment of dynamic decision making and performance measurement Modern business environments are dynamic. Yet, the models used to make decisions and quantify success within them are stuck in the past. In a world where demands, resources, and technology are interconnected and evolving, measures of efficiency need to reflect that environment. In Dynamic Efficiency and Productivity Measurement, Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink look at the business process from a dynamic perspective. Their systematic study covers dynamic production environments where current production decisions impact future production possibilities. By considering practical factors like adjustments over time, this book offers an important lens for contemporary microeconomic analysis. Silva, Stefanou, and Lansink develop the analytical foundations of dynamic production technology in both primal and dual representations, with an emphasis on directional distance functions. They cover concepts measuring the production structure (economies of scale, economies of scope, capacity utilization) and performance (allocative, scale and technical inefficiency, productivity) in a methodological and comprehensive way. Through a unified approach, Dynamic Efficiency and Productivity Measurement offers a guide to how firms maximize potential in changing environments and an invaluable contribution to applied microeconomics.

General

Imprint:	Oxford UniversityPress
Country of origin:	United States
Release date:	2021
Authors:	Elvira Silva (Associate Professor of Economics) • Spiro E. Stefanou (Professor of Food and Resource Economics) • Alfons Oude Lansink (Professor and Head of the Business Economics)
Dimensions:	217 x 147 x 23mm (L x W x T)
Format:	Hardcover - Cloth over boards
Pages:	248
ISBN-13:	978-0-19-091947-4
Categories:	Books > Business & Economics > Business & management > Business strategy Books > Business & Economics > Industry & industrial studies > General Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Economics > Econometrics > General Books > Business & Economics > Business & management > Management & management techniques > Organizational theory & behaviour
LSN:	0-19-091947-7
Barcode:	9780190919474

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