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This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
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In this paper we introduce a SBM (slacks-based measure) of efficiency based on directional distance functions. This measure is contrasted with the SBM due to Professor Tone [Tone, K., 2001. A slacks-based measure of efficiency in data envelopment analysis. European Journal of Operational...
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The purpose of this paper is to include consumer satisfaction in the specification of productivity. We accomplish this by using Shephard’s preference indirect distance function to model technology subject to a utility target. The utility constraint allows us to include information on consumer...
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