© 1988

Fundamentals of Production Theory


Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 311)

Table of contents

  1. Front Matter
    Pages I-IX
  2. Rolf Färe
    Pages 1-2
  3. Rolf Färe
    Pages 3-21
  4. Rolf Färe
    Pages 43-61
  5. Rolf Färe
    Pages 62-80
  6. Rolf Färe
    Pages 81-104
  7. Rolf Färe
    Pages 105-116
  8. Rolf Färe
    Pages 117-126
  9. Rolf Färe
    Pages 127-148
  10. Back Matter
    Pages 149-163

About this book


This graduate text develops production theory from a set of reasonable axioms. The theory is presented both in a primal and dual as well as in an indirect (constrained) framework. The basic model leads to a set of efficiency measures which can be readily employed in empirical work. A first draft of the text was used to teach students at Vanderbilt University. The text includes a variety of exercise problems.


duality efficiency production university value-at-risk

Authors and affiliations

  1. 1.Department of EconomicsSouthern Illinois UniversityCarbondaleUSA

Bibliographic information