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Fundamentals of Production Theory

  • Book
  • © 1988

Overview

Authors:
  1. Rolf Färe

    1. Department of Economics, Southern Illinois University, Carbondale, USA

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Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 311)

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Table of contents (9 chapters)

  1. Front Matter

    Pages I-IX
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  2. Introduction

    • Rolf Färe
    Pages 1-2

  3. The Production Structure

    • Rolf Färe
    Pages 3-21

  4. Representing the Technology by Functions

    • Rolf Färe
    Pages 22-42

  5. Special Production Structures

    • Rolf Färe
    Pages 43-61

  6. Input Quantity Restricted Production

    • Rolf Färe
    Pages 62-80

  7. Cost, Revenue and Duality

    • Rolf Färe
    Pages 81-104

  8. Cost and Revenue Restricted Production

    • Rolf Färe
    Pages 105-116

  9. Towards A Dynamic Theory of Production

    • Rolf Färe
    Pages 117-126

  10. Performance Gauging

    • Rolf Färe
    Pages 127-148

  11. Back Matter

    Pages 149-163
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Keywords

About this book

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.

Authors and Affiliations

  • Department of Economics, Southern Illinois University, Carbondale, USA

    Rolf Färe

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