Nonparametric cost and revenue functions under constant economies of scale: an enumeration approach for the single output or input case

Nonparametric cost and revenue functions under constant economies of scale: an enumeration approach for the single output or input case

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Article ID: iaor201524346
Volume: 21
Issue: 4
Start Page Number: 619
End Page Number: 625
Publication Date: Jul 2014
Journal: International Transactions in Operational Research
Authors: , ,
Keywords: economics
Abstract:

This article shows how the linear programs needed to compute cost and revenue functions under constant returns to scale and a single output or input, respectively, can be replaced with a more efficient enumeration algorithm.

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