Nonconvexity in Production and Cost ...
Type de document :
Partie d'ouvrage
Titre :
Nonconvexity in Production and Cost Functions: An Exploratory and Selective Review
Auteur(s) :
Briec, Walter [Auteur]
LAboratoire de Modélisation Pluridisciplinaire et Simulations [LAMPS]
Kerstens, Kristiaan [Auteur]
Lille économie management - UMR 9221 [LEM]
van de Woestyne, Ignace [Auteur]
LAboratoire de Modélisation Pluridisciplinaire et Simulations [LAMPS]
Kerstens, Kristiaan [Auteur]
Lille économie management - UMR 9221 [LEM]
van de Woestyne, Ignace [Auteur]
Éditeur(s) ou directeur(s) scientifique(s) :
Subhash C. Ray (éd.)
Robert Chambers (éd.)
Subal Kumbhakar (éd.)
Robert Chambers (éd.)
Subal Kumbhakar (éd.)
Titre de l’ouvrage :
Handbook of Production Economics
Éditeur :
Springer Singapore
Lieu de publication :
Singapore
Date de publication :
2020-10-23
ISBN :
978-981-10-3450-3
Mot(s)-clé(s) en anglais :
Nonparametric frontier
Convexity
Production
Cost function
Scale
Productivit
Convexity
Production
Cost function
Scale
Productivit
Discipline(s) HAL :
Sciences de l'Homme et Société/Economies et finances
Résumé en anglais : [en]
The purpose of this contribution is to provide an overview of developments in nonconvex production technologies and economic value functions, with special attention to the cost function. Apart from a somewhat selective ...
Lire la suite >The purpose of this contribution is to provide an overview of developments in nonconvex production technologies and economic value functions, with special attention to the cost function. Apart from a somewhat selective review of theoretical issues, the emphasis is on whether the assumption of convexity makes a difference in practice. Anticipating our conclusion, we argue that traditional convex empirical results differ on average rather markedly from alternative nonconvex ones. This should make the discipline reconsider its traditional relationship with convexity in both theoretical and applied production analysis.Lire moins >
Lire la suite >The purpose of this contribution is to provide an overview of developments in nonconvex production technologies and economic value functions, with special attention to the cost function. Apart from a somewhat selective review of theoretical issues, the emphasis is on whether the assumption of convexity makes a difference in practice. Anticipating our conclusion, we argue that traditional convex empirical results differ on average rather markedly from alternative nonconvex ones. This should make the discipline reconsider its traditional relationship with convexity in both theoretical and applied production analysis.Lire moins >
Langue :
Anglais
Audience :
Internationale
Vulgarisation :
Non
Collections :
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