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Production Theory


Production Theory
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Fundamentals Of Production Theory


Fundamentals Of Production Theory
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Author : Rolf Färe
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17

Fundamentals Of Production Theory written by Rolf Färe 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 2013-04-17 with Business & Economics categories.


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.



Theory Of Production And Cost


Theory Of Production And Cost
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Author : Günter Fandel
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Theory Of Production And Cost written by Günter Fandel 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 2012-12-06 with Business & Economics categories.


Production theory and the theory of cost both belong to the central areas of business administration, for all considerations concerning the economic organization of industrial manufacturing processes start from these. Two developments in the past 30 years have had a considerable influence on the structure and the concentration on points of emphasis in this book. I am referring to findings from KOOPMANS' activity analysis and to the formulation by GUTENBERG of a production function concept that focuses on industrial production processes. Activity analysis has made it possible to develop, from a uniform approach, different types of production functions which describe the concrete principles of production in the productive sector of a business enterprise; this has created a common basis for all production concepts in business administration. The Gutenberg Production Function with its different kinds of adjustment to a changing output has opened up a flexibility to theoretical and practical considerations that gave rise to a large number of additional studies in this area. Considerations in cost theory were in particular need of considerable extensions in the direction of cost minimal combined adjustment processes. By means of the organization of its contents, this book will take both approaches into due account. In that way, it is vastly different from other books dealing with the same subject. As a matter of course, traditional analytical methods and ways of thinking also constitute a large part of the book.



Topics In Production Theory


Topics In Production Theory
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Author : Finn R. Forsund
language : en
Publisher: Springer
Release Date : 2016-01-15

Topics In Production Theory written by Finn R. Forsund and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-15 with Business & Economics categories.




Theory Of Production


Theory Of Production
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Author : R. Frisch
language : en
Publisher: Springer Science & Business Media
Release Date : 1964-07-31

Theory Of Production written by R. Frisch 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 1964-07-31 with Business & Economics categories.




Production Theory And Its Applications


Production Theory And Its Applications
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Author : H. Albach
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Production Theory And Its Applications written by H. Albach 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 2012-12-06 with Business & Economics categories.


Since 1973, the European Institute for Advanced Studies in Management in Brussels has organized regular workshops in the area of management science. The aim of these workshops is to organize a European network of research in the area in order to improve the jOint research on an international basis. Some of these workshops were directed towards the development of certain specialities. The meeting in November 1974 was arranged around the theme "Production Theory and its Applications". It was divided into two sub-sections. One sub-section concerned "Industrial Production Problems" while the other was on "Production Problems in Universities". All presentations were supposed to present applied research in the area of production. The workshop was a great success. The papers were well developed and discussed. Most of the discussion was spent not so much on the analysis but on the assumptions behind the utilized analysis. However, the re actions presented by the audience of the workshop were a good base for the final outlay of the written material. The proceedings presented here contain the collection of papers in their final versions. By putting them together into one format we think we can present a document of high interest to people doing research in the area of production and to operations researchers solving practical production problems.



Applications Of Modern Production Theory


Applications Of Modern Production Theory
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Author : Ali Dogramaci
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Applications Of Modern Production Theory written by Ali Dogramaci 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 2012-12-06 with Business & Economics categories.




Production Theory


Production Theory
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Author : W. Eichhorn
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Production Theory written by W. Eichhorn 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 2012-12-06 with Business & Economics categories.




Theory Of Cost And Production Functions


Theory Of Cost And Production Functions
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Author : Ronald William Shephard
language : en
Publisher: Princeton University Press
Release Date : 2015-03-08

Theory Of Cost And Production Functions written by Ronald William Shephard and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-08 with Business & Economics categories.


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 into subsets of output vectors that represent the unconstrained technical possibilities of production. To provide a completely general means of characterizing a technology, an alternative to the production function, called the Distance Function, is introduced. The duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems. The special class of production structures called Homothetic is given more general definition and extended to technologies with multiple outputs. Originally published in 1971. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.



Production Economics


Production Economics
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Author : Svend Rasmussen
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-08-04

Production Economics written by Svend Rasmussen 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 2012-08-04 with Business & Economics categories.


This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. This updated second edition includes a more comprehensive introduction to the theory of decision making under risk and uncertainty as well as a new chapter on how to use linear programming to generate the supply function of the firm.



Production Economics A Dual Approach To Theory And Applications


Production Economics A Dual Approach To Theory And Applications
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Author : Melvyn Fuss
language : en
Publisher: Elsevier
Release Date : 2014-06-28

Production Economics A Dual Approach To Theory And Applications written by Melvyn Fuss and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.


Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.