Accession Number : AD0728425
Title : Semi-Homogeneous Technologies.
Descriptive Note : Research rept.,
Corporate Author : CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
Personal Author(s) : Shephard,Ronald W.
Report Date : JUL 1971
Pagination or Media Count : 29
Abstract : A definition of Semi-Hemogeneity of input and output structure is formulated for technologies, such as the generalization of simple homogeneity proposed by Eichhorn for the classical production function, with proof of an additional property for the two exponent functions involved. It is shown that a technology may be semi-homogeneous in both input and output structure if and only i it is simply homogeneous. The cost and revenue function are shown to be semi-homogeneous in output and input vector respectively, if the input and output structure are semi-homogeneous. Some observations are made on statistical studies of scaling returns for scaling of input vectors. (Author)
Descriptors : (*ECONOMICS, MATHEMATICAL MODELS), CONVEX SETS, MAPPING(TRANSFORMATIONS), STATISTICAL ANALYSIS, PRODUCTION CONTROL
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE