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)
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