Production And Cost Models Of A Multi Product Firm
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Production And Cost Models Of A Multi Product Firm
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Author : Niels Chr Knudsen
language : en
Publisher:
Release Date : 1973
Production And Cost Models Of A Multi Product Firm written by Niels Chr Knudsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
Monograph on use of production and cost models as a basis for mathematical analysis of various resource allocation problems faced by multi-product enterprises - demonstrates how certain microeconomics relationships, such as production functions, production cost functions and supply and demand correspondents, may be throught of as given, and covers the role of price mechanisms, etc. Diagrams and references.
Multi Product Firms At Home And Away Cost Versus Quality Based Competence
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Author : Carsten Eckel
language : en
Publisher:
Release Date : 2011
Multi Product Firms At Home And Away Cost Versus Quality Based Competence written by Carsten Eckel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Multi Product Firms At Home And Away
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Author :
language : en
Publisher:
Release Date : 2011
Multi Product Firms At Home And Away written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Competition categories.
We develop a new model of multi-product firms which invest to improve both the quality of their individual products and of their brand. Because of flexible manufacturing, products closer to firms' core competence have lower costs, so they produce more of them, and also have higher incentives to invest in their quality. These two effects have opposite implications for the profile of prices. Mexican data provide robust confirmation of the model's key prediction: firms in differentiated-good sectors exhibit quality-based competence (prices fall with distance from core competence), but export sales of firms in non-differentiated-good sectors exhibit the opposite.
A Theory Of The Multiproduct Firm
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Author : Kenneth Laitinen
language : en
Publisher: North Holland
Release Date : 1980
A Theory Of The Multiproduct Firm written by Kenneth Laitinen and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Business & Economics categories.
The Theory Of Oligopoly With Multi Product Firms
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Author : Koji Okuguchi
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
The Theory Of Oligopoly With Multi Product Firms written by Koji Okuguchi and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.
In this book a rigorous, systematic, mathematical analysis is presented for oligopoly with multi-product firms in static as well as dynamic frameworks in the light of recent developments in theories of games, oligopoly and industrial organization. The general results derived in this book on oligopoly with multi-product firms contain, as special cases, all previous results on oligopoly with single product as well as oligopoly with product differentiation and single product firms. A constructive nu- merical method is given for finding the Cournot-Nash equilibrium, which may be extremely valuable to those who are interested in numerical analysis of the effects of various industrial policies. A sequential adjustment process is also formulated for finding the equilibrium. Dynamic adjustment processes have two versions, one with a discrete time scale and the other with a continuous time scale. The stability of the equilibrium is thoroughly investigated utilizing powerful mathematical results from the stability and linear algebra literature. The methodology developed for analyzing stability proves to be useful for dynamic analysis of economic models.
Production And Cost Models Of Multli Product Firm
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Author : Niels Chr Knudsen
language : en
Publisher:
Release Date : 1973
Production And Cost Models Of Multli Product Firm written by Niels Chr Knudsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with categories.
Specifying And Estimating Multi Product Cost Functions For A Regulated Telephone Company
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Author : Bridger M. Mitchell
language : en
Publisher:
Release Date : 1978
Specifying And Estimating Multi Product Cost Functions For A Regulated Telephone Company written by Bridger M. Mitchell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Telephone categories.
Price And Non Price Determination In The Multiproduct Firm 227 66 Classic Reprint
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Author : Glen L. Urban
language : en
Publisher: Forgotten Books
Release Date : 2017-12-16
Price And Non Price Determination In The Multiproduct Firm 227 66 Classic Reprint written by Glen L. Urban and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-16 with Business & Economics categories.
Excerpt from Price and Non-Price Determination in the Multiproduct Firm, 227-66 See T. E. Pfouts, The Theory of Cost and Production in the Multiproduct Firm, Econometrica XXIX (october pp. 650-658 for a non-linear formulation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Theory For Extending Single Product Production Function Estimation To Multi Product Settings
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Author : Emmanuel Dhyne
language : en
Publisher:
Release Date : 2022
Theory For Extending Single Product Production Function Estimation To Multi Product Settings written by Emmanuel Dhyne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
We introduce a new methodology for estimating multi-product production functions. It embeds the seminal contributions of Diewert (1973) and Lau (1976) in our extended version of the semi-parametric econometric framework of Olley and Pakes (1996), where we address the simultaneity of inputs and outputs by allowing for the possibility of a possible vector of unobserved "productivities," all of which may be freely correlated with inputs and outputs. We show how to use the multi-product production function to recover estimates of firm-product marginal costs using the input and output elasticities by extending Hall's (1988) single-product result to our multi-product setting using McFadden (1978). We focus on six 6-digit Belgian "industries" that produce two products, finding all but five of the forty-eight input coefficients are positive and thirty eight are strongly significant. We find outputs are substitutes as the coefficients on "other good output" is always negative and highly significant. 100% of marginal cost estimates are positive and close to 80% of markups are estimated to be greater than 1. We find very similar results when we move to 4-digit industries, when we use similar multi-product data from France, and when we use the trans-log approximation.
A Dynamic Multi Product Multi Facility Production And Inventory Model
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Author : Willard I. Zangwill
language : en
Publisher:
Release Date : 1965
A Dynamic Multi Product Multi Facility Production And Inventory Model written by Willard I. Zangwill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Inventories categories.
This paper develops a multi-product, multi-facility economic lot size model. Roughly speaking, economic lot size models deal with production and inventory situations in which the product demand is known in advance and in which the cost functions are concave. The objective of the model is to determine a production schedule, in terms of how much to produce and when, that minimizes overall cost. Another important aspect of the model is that it allows backlogging of unsatisfied demand. The backlogging analysis actually requires consideration of inventory cost functions which are not concave. To treat such situations the piecewise concave function was developed. Basically a piecewise concave function is the maximum of a collection of concave functions. Using the notion of piecewise concavity a small set of production schedules is determined that contains the minimum cost schedule. Dynamic programming algorithms are presented to efficiently calculate the minimum cost schedule for the 'series' and 'parallel' cases. (Author).
