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 ()
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Walter Briec: University of Perpignan, F-66000 Perpignan, France
Ignace Van de Woestyne: Hogeschool-Universiteit Brussel (HUB), Belgium

No 2010/04, Working Papers from Hogeschool-Universiteit Brussel, Faculteit Economie en Management

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)
JEL-codes: C61 D24 (search for similar items in EconPapers)
Pages: 32 page
Date: 2010-02
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Citations: View citations in EconPapers (7)

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Related works:
Journal Article: 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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