Pareto-Optimality, Efficiency Analysis and Empirical Production Functions.
TEXAS UNIV AT AUSTIN CENTER FOR CYBERNETIC STUDIES
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The construction and analysis of Pareto-optimal frontier production functions by a new Data Envelopment Analysis method is developed in the context of new theoretical characterizations of the inherent structure and capabilities of such empirical production functions. Contrasts and connections with other developments, including solutions of some remaining problems, are made re aspects such as informatics, economies of scale, isotonicity and non-concavity, discretionary and nondiscretionary inputs, piecewise linearity, partial derivatives and Cobb-Douglas properties of the functions. Non-Archimedean constructs are not required. Author
- Numerical Mathematics
- Manufacturing and Industrial Engineering and Control of Production Systems