On the Existence of Joint Production Functions.

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)

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1977
Accession Number
ADA043634

Entities

People

  • Rokaya Al-ayat
  • Rolf Fare

Organizations

  • University of California, Berkeley

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  • California
  • Continents
  • Continuity
  • Geographic Regions
  • Improvised Explosive Devices
  • Military Research
  • North America
  • Operations Research
  • Production
  • United States
  • United States Government
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Fields of Study

  • Economics

Readers

  • Mathematical Modeling and Probability Theory.