Standard economic theory, which assumes that economic agents behave x-efficiently, precludes human agency as an important variable in determining the level of material welfare. But when the quantity and quality of effort involved in the production process is a choice variable, human agency and...

Overview of Neoclassical Production Economics- Editors -- 2. Duality in Production Diewert (agreed) -- 3. Multiproduct Technologies Fare--agreed -- 4. Elasticities of Substitution Russell--agreed -- 5. Conceptualization and Measurement of Technical Change and Productivity Growth Hulten or...