Scale economies and duality (Q1075239): Difference between revisions
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Revision as of 12:54, 17 June 2024
scientific article
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English | Scale economies and duality |
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Scale economies and duality (English)
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1986
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Four measures of scale economies are proposed for the multiproduct firm. Two primal measures are based on the input and output distance functions. Two dual measures are derived from the cost and revenue functions. Conditions are established under which the four measures, or any pair of the four measures, are equal.
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measures of scale economies
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multiproduct firm
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input and output distance functions
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dual measures
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