Accession Number:
ADA043634
Title:
On the Existence of Joint Production Functions.
Descriptive Note:
Research rept.,
Corporate Author:
CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
Personal Author(s):
Report Date:
1977-06-01
Pagination or Media Count:
12.0
Abstract:
Within a general framework of production correspondences satisfying a set of weak axioms necessary and sufficient conditions for the existence of a joint production function are given. Without enforcing the strong disposability of inputs or outputs it is shown that a joint production function exists if and only if both input and output correspondences are strictly increasing along rays. Author
Descriptors:
Subject Categories:
- Operations Research