Tangency capacity notions based upon the profit and cost functions: A non-parametric approach and a general comparison

Walter Briec, Kristiaan Kerstens, Diego Prior and Ignace Van de Woestyne

Economic Modelling, 2010, vol. 27, issue 5, 1156-1166

Abstract: This contribution provides a way to define and compute a tangency notion of economic capacity based upon the relation between the various directional distance functions and the profit and cost functions using non-parametric technologies. A new result relating profit and cost function-based tangency capacity notions is established.

Keywords: Economic; capacity; Profit; function; Cost; function; Directional; distance; function; Tangency (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Tangency capacity notions based upon the profit and cost functions: a non-parametric approach and a general comparison (2010)
Working Paper: Tangency Capacity Notions Based upon the Profit and Cost Functions: A Non-Parametric Approach and a General Comparison (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:27:y:2010:i:5:p:1156-1166

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