A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production.The approach is axiomatic for a definition of technology, by mappings of input vectors i…
Study of the economic theory of cost and production functions and the mathematical analysis of input and output production possibility sets - examines the distance function of a production structure, the factor minimal cost function, the cost structure, the aggregation problem, …
Theory of cost and production functions
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Economic analysis in healthcare
by Parkin, David, Devlin, Nancy, Morris, S., (Stephen), Spencer, Anne
Intelligent Transport Systems (ITS) use information and communications technologies (ICT) to deliver transport improvements instead of extending physical infrastructure, thereby saving money and reducing environmental impact. This book provides an overview of ICT-based intellige…
Cover -- Title -- Copyright -- Contents -- List of figures -- List of tables -- List of contributors -- Acknowledgements -- Introduction: the economic theory of costs in perspective -- Part 1 Cost and choice -- 1 Contemporary debates on opportunity cost theory and pedagogy -- 2 …
The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic ou…
The theory of costs is a cornerstone of economic thinking, and it plays a vital role in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economi…