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Within a production theoretic framework, this paper considers an axiomatic approach to benchmark selection. It is shown that two simple and weak axioms: efficiency and comprehensive monotonicity characterize a natural family of benchmarks which typically becomes unique. Further axioms are added...
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theory based on generally accepted assumptions and constructs or should the field of research rather convince with an …
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This article juxtaposes problems of optimization and coordination. It thus develops from an ordonomic point of view the …
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