Betrachtungen zur Optimalität technischer Ineffizienz

Günter Fandel ()
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Günter Fandel: FernUniversität in Hagen

A chapter in Intelligent Decision Support, 2008, pp 205-212 from Springer

Abstract: Abstract In this paper two approaches are presented, which explicitly explain the appearance of inefficiencies in production processes by rational decision behavior. The first approach generates inefficiencies by attributing an independent value to them. In the second approach inefficiencies are the result of maximizing the utility in dependence of performance parameters, which lead to an inefficient production of a given output. In addition, this approach represents a new model, which can explain inefficiencies in the production of qualitatively high services of consulting.

Keywords: Rational Inefficiencies; Decision Making; Production of Services; Gutenberg Production-Function (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-8349-9777-7_12

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DOI: 10.1007/978-3-8349-9777-7_12

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