This study is the result of an interest in the economic theory of
production intermittently pursued during the past three years. Over
this period I have received substantial support from the Office of
Naval Research, first from a personal service consulting contract
directly with the Mathematics Division of the Office of Naval
Research and secondly from Project N6 onr-27009 at Princeton Univer
sity under the direction of Professor Oskar Morgenstern. Grateful
acknowledgement is made to the .Office of Naval Research for this
support and to Professor Morgenstern, in particular, for his
interest in the puolication of this research. The responsibility
for errors and omissions, how ever, rests entirely upon the author.
Professor G. C. Evans has given in terms of a simple total cost
function, depending solely upon output rate, a treatment of certain
aspects of the economic theory of production which has inherent
generality and convenience of formulation. The classical approach
of expressing the technology of production by means of a production
function is potentially less restrictive than the use of a simple
total cost function, but it has not been applied in a more general
form other than to derive the familiar conditions between marginal
productivities of the factors of produc tion and their market
prices."
General
| Imprint: |
Springer-Verlag
|
| Country of origin: |
Germany |
| Series: |
Lecture Notes in Economics and Mathematical Systems, 194 |
| Release date: |
October 1981 |
| First published: |
1981 |
| Authors: |
R.W. Shephard
|
| Dimensions: |
235 x 155 x 6mm (L x W x T) |
| Format: |
Paperback
|
| Pages: |
106 |
| Edition: |
Softcover reprint of the original 1st ed. 1981 |
| ISBN-13: |
978-3-540-11158-0 |
| Categories: |
Books >
Business & Economics >
Business & management >
Management of specific areas >
General
|
| LSN: |
3-540-11158-1 |
| Barcode: |
9783540111580 |
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