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Nonparametric cost and revenue functions under constant economies of scale: A simplification for the single output or input case

This note shows how the linear programs needed to compute cost and revenue functions under constant returns to scale and a single output or input, respectively, can be replaced with a more efficient enumeration algorithm. An empirical illustration shows the gain in computer time one can obtain.
Year of publication:
2011-09
Authors: Briec, Walter ; Kerstens, Kristiaan ; Van de Woestyne, Ignace
Institutions: Faculteit Economie en Bedrijfswetenschappen, Hogeschool-Universiteit Brussel (HUBrussel)
Subject: nonparametric cost and revenue functions
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
Number 2011/12 8 pages longpage
Classification: D24 - Production; Capital and Total Factor Productivity; Capacity
Source:
Persistent link: https://www.econbiz.de/10009415977
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