Production Frontiers [Paperback]

This book defines and develops measures of various types of inefficiency in productionThis book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming techniques, the authors construct a variety of production frontiers, and develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. This book provides a unique study in applied production analysis, and will be of interest to scholars and students of economics and operations research, and analysts in business and government.This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming techniques, the authors construct a variety of production frontiers, and develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. This book provides a unique study in applied production analysis, and will be of interest to scholars and students of economics and operations research, and analysts in business and government.This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming techniques, the authors construct a variety of production frontiers, and develop a model of efficient producer behavior and a taxonomy of possible types of departure from efficiency in various environments. This book provides a unique study in applied production analysis, and will be of interest to scholars and students of economics and operations research, and analysts in business and government.1. Introduction; 2. Production technology; 3. Input-based efficiency measurement; 4. Output-based efficiency measurement; 5. Indirect input-based efficiency measurement; 6. Indirect output-based efficiency measurement; 7. The measurement of price efficiency; 8. GraphlcC