Accession Number : AD0779870

Title :   Economic Theoretical Structure of Cost-Benefit Analysis.

Descriptive Note : Research rept.,

Corporate Author : CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER

Personal Author(s) : Shephard,Ronald W.

Report Date : MAY 1974

Pagination or Media Count : 19

Abstract : For a general model of production structure, various Indirect Production Functions are defined and used to construct cost-return (benefit) relationships. When an ordinal utility function is used for valuation of output vectors, a cardinalization of the values of this function is suggested in terms of the minimal cost of getting output vectors at least as preferred as those of the indifference class to which is associated an ordinal value of V(u). (Author)

Descriptors :   *Economics, *Costs, Production, Economic models

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE