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Production Frontiers (Hardcover) Loot Price: R2,534
Discovery Miles 25 340
You Save: R325 (11%)
Production Frontiers (Hardcover): Rolf Fare, Shawna Grosskopf, C.A. Knox Lovell

Production Frontiers (Hardcover)

Rolf Fare, Shawna Grosskopf, C.A. Knox Lovell

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Was R2,859 Loot Price R2,534 Discovery Miles 25 340 | Repayment Terms: R237 pm x 12* You Save R325 (11%)

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This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. The authors construct a variety of production frontiers, and by measuring distances to them are able to develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. Linear programming is used as an analytical and computational technique in order to accomplish this. The approach developed is then applied to modelling producer behaviour. By focusing on the empirical relevance of production frontiers and distances to them, and applying linear programming techniques to artificial data to illustrate the type of information they can generate, this book provides a unique study in applied production analysis. It will be of interest to scholars and students of economics and operations research, and analysts in business and government.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: November 1993
First published: 1994
Authors: Rolf Fare • Shawna Grosskopf • C.A. Knox Lovell
Dimensions: 242 x 163 x 28mm (L x W x T)
Format: Hardcover
Pages: 316
ISBN-13: 978-0-521-42033-4
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Professional & Technical > Mechanical engineering & materials > Production engineering > General
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LSN: 0-521-42033-4
Barcode: 9780521420334

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