Dynamic Theory of Production Correspondences. Part I.

Abstract

The first two chapters of a monograph on a Dynamic Theory of Production Correspondences are presented. The indivisible elements are time histories of inputs and outputs, related by mappings between products of function spaces. Axioms are stated for the mappings (correspondences) and compatibility and independence of the axioms are shown. An iff condition is shown for the existence of a dynamic neoclassical production function. Under certain conditions it is shown that steady state production correspondence exist, and definition in terms of the dynamic production correspondence is given. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1978
Accession Number
ADA057950

Entities

People

  • Rolf Faere
  • Ronald Shephard

Organizations

  • University of California, Berkeley

Tags

Communities of Interest

  • C4I
  • Energy and Power Technologies
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Banach Space
  • Construction
  • Economic Analysis
  • Economics
  • Efficiency
  • Guarantees
  • New York
  • Notation
  • Operations Research
  • Production
  • Recognition
  • Security
  • Social Sciences
  • Steady State
  • Step Functions
  • United States
  • Vector Spaces

Fields of Study

  • Economics

Readers

  • Mathematical Modeling and Probability Theory.
  • Theoretical Analysis.

Technology Areas

  • Space