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
Distribution Statement : APPROVED FOR PUBLIC RELEASE