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This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the … neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on … the application of the theory to specific problems that the firm faces when making production decisions to maximise …
Persistent link: https://www.econbiz.de/10014016140
This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the … neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on … the application of the theory to specific problems that the firm faces when making production decisions to maximise …
Persistent link: https://www.econbiz.de/10014425213
Preface -- 1 Introduction -- 2 Decision Theory Elements -- 3 Utility Function -- 4 State-Contingent Outcome and …
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Nonparametric methods have been widely used for assessing the performance of organizations in the private and public sector. The most popular ones are based on envelopment estimators, like the FDH or DEA estimators, that estimate the attainable sets and its efficient boundary by enveloping the...
Persistent link: https://www.econbiz.de/10013193298