Fundamentals of Production Theory

by Rolf Fare and Rolf Färe

This graduate text develops production theory from a set of reasonable axioms. The theory is presented both in a primal and dual as well as in an indirect (constrained) framework. The basic model leads to a set of efficiency measures which can be readily employed in empirical work. A first draft of the text was used to teach students at Vanderbilt University. The text includes a variety of exercise problems.

• Format: Paperback
• Language: English
• ISBN: 3540500308
• ISBN13: 9783540500308
• Release Date: July 1988
• Publisher: Springer
• Length: 163 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.4" x 8.3" x 11.0"