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Representations and Identities for Homogeneous Technologies
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Miguel Espinosa
Veröffentlicht/Copyright:
27. September 2009
Using up to nine different ways to represent homogeneous technologies with decreasing returns to scale, this article presents and proves identities between those different representations of such technologies, outlining the homogeneity properties of each representation. These identities, which allow to shift from one representation of a technology to another -- and which are summarized in a matrix of identities -- can be useful since they provide a tool to obtain explicit functional forms for homogeneous technologies. They can also be useful to simplify computational procedures when different representations of a technology are needed. Finally, the article also refers explicitly to some aspects of producer theory that are often neglected or treated in a marginal way in the literature, such as the inverse supply, the non conditional cost and the inverse input demands functions.
Published Online: 2009-9-27
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Advances Article
- Private Information of Nonpaternalistic Altruism: Exaggeration and Reciprocation of Generosity
- Satisficing: A 'Pretty Good' Heuristic
- Optimal Auctions with Simultaneous and Costly Participation
- Temptations in General Settings
- Learning in Bayesian Games with Binary Actions
- Contracting in the Presence of Judicial Agency
- Updating Ambiguity Averse Preferences
- Competition May Reduce the Revenue in a First Price Auction with Affiliated Private Values
- Topics Article
- Incentive Schemes in Peer-to-Peer Networks
- Why (and When) are Preferences Convex? Threshold Effects and Uncertain Quality
- A Two-Step Subsidy Scheme to Overcome Network Externalities in a Dynamic Game
- Oligopolistic Certification
- Envy-Free and Efficient Minimal Rights: Recursive No-Envy
- Risk Premiums versus Waiting-Options Premiums: A Simple Numerical Example
- Inflation, Self Insurance and the Friedman Rule in Economies with Uninsurable Idiosyncratic Risks
- Advertising and Cost Reduction
- Directed Search, Rationing and Wage Dispersion
- Optimism and Bargaining Inefficiency
- Fair Depreciation: A Shapley Value Approach
- Product Variety, Scale Economies, and Environmental Taxes
- Market Competition and Lower Tier Incentives
- Vertical Differentiation, Social Networks and Compatibility Decisions
- Asymmetric Bertrand-Edgeworth Oligopoly and Mergers
- Consumer Rationing and the Cournot Outcome
- Representations and Identities for Homogeneous Technologies
- Monitoring Gains and Decentralization
- Cross-Cultural Trade and Institutional Stability
- Universal Service Obligations and Competition with Asymmetric Information
- A Duopoly Model of Political Agency with Applications to Anti-Corruption Reform
- Simple Economies with Multiple Equilibria
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- Contributions Article
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- Reputation, Career Concerns, and Job Assignments
- Fluctuations in Overlapping Generations Economies
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- Sale of a Deteriorating Asset via Sequential Search
- The Efficiency of Observability and Mutual Linkage
- A Positive Theory of Income Taxation
- Supply Theory sans Profit Maximization
- The Dynamics of Collective Reputation
- Identifying Community Structures from Network Data via Maximum Likelihood Methods
- Income Distribution, Market Structure, and Individual Welfare
- Free Riding in Combinatorial First-Price Sealed-Bid Auctions
- Geometric Asymptotic Approximation of Value Functions
- Sequential Auctions with Multi-Unit Demands
