Accession Number : AD0736612

Title :   Semi-Homogeneous Technologies (Revised and Extended).

Descriptive Note : Research rept.,

Corporate Author : CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER

Personal Author(s) : Shephard,Ronald W.

Report Date : DEC 1971

Pagination or Media Count : 45

Abstract : Suggested by Eichhorn's generalization of scalar valued homogeneous production functions, a new class of technologies (production correspondences) is defined and developed to show the axioms suitable for the input and output correspondences u approaches L(u) and x approaches P(x) of such technologies. If both input and output structure satisfy the properties assumed, the technology is shown to be simply homogeneous, justifying the terminology semi-homogeneous. It is shown how semi-homogeneous structures may be used to provide a more general form of laws of return than that obtainable by assuming simple homogeneity. (Author)

Descriptors :   (*ECONOMICS, MATHEMATICAL MODELS), CONVEX SETS, MAPPING(TRANSFORMATIONS), FUNCTIONAL ANALYSIS, STATISTICAL ANALYSIS, PRODUCTION CONTROL, THEOREMS

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE