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. © 2010 Elsevier B.V.
Original language | English |
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Pages (from-to) | 1156-1166 |
Journal | Economic Modelling |
Volume | 27 |
Issue number | 5 |
DOIs | |
Publication status | Published - 1 Sep 2010 |
Keywords
- Cost function
- Directional distance function
- Economic capacity
- Profit function
- Tangency