Full Description
Analytical considerations in production theory usually aim for finding the technically efficient productions of a technology in order to fulfil the principle of rational economic behaviour not to waste scarce good. This special issue contains seven papers which report on new results of this research area.
Contents
The Efficiency Criterion in Production Theory from a decision-theoretical point of view Rational inefficiencies in lot-slizing models with learning effects Efficiency measurement of stochastic service productions Rational Inefficiency in Fisheries Rational (In)Efficiency and Price Coordination Rationalising DEA estimated inefficiencies Technical (In)Efficiency of Production Rate an Time Decisions