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

Walter Briec, Kristiaan Kerstens and Ignace Van de Woestyne
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Walter Briec: LAMPS, Université de Perpignan
Ignace Van de Woestyne: Hogeschool Universiteit Brussel

No 2013-ECO-22, Working Papers from IESEG School of Management

Abstract: This note 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. A numerical example illustrates this algorithm

Keywords: nonparametric cost and revenue functions; enumeration; linear programming (search for similar items in EconPapers)
Pages: 11 pages
Date: 2013-07
New Economics Papers: this item is included in nep-cmp and nep-eff
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Persistent link: https://EconPapers.repec.org/RePEc:ies:wpaper:e201322

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