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This study examines the role of investment in environmental production practices for both environmental performance and energy efficiency over time. We employ a network DEA approach that links successive production technologies through intertemporal investment decisions with a period by period...
Persistent link: https://www.econbiz.de/10013014351
Recognizing the popularity of healthier food options, we reformulate the diet problem as a linear optimization program with desirable and undesirable food nutrients. We then show how the dual formulation of this diet problem is equivalent to a new Benefit-of-the-Doubt (BoD) model with forward...
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This study proposes a new theoretical framework - modeling the joint production of good and bad outputs - to determine the association between pollution abatement activities and changes in traditional productivity growth. After using the joint production model to investigate the theoretical...
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The concept of translation homotheticity is introduced and defined. It is demonstrated that translation homotheticity is necessary and sufficient for: disposable surplus to be independent of the reference utility, Luenberger's compensating and equivalent benefits to be independent of the...
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