A sure bet on symmetry
1989
Paris, Q.
This paper argues that assertions appearing in the literature about alleged failure of duality to recover all the desired information about the case of multiple outputs with fixed allocatable inputs are incorrect. The paper shows that through the use of shadow prices of fixed inputs, it is possible to apply the familiar Euler-Legendre transformation and recover all the desired information. The principal avenue for achieving these results is the process of decoupling the primal from the dual problem.
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书目信息
其它主题
Fixed allocatable inputs; Profit functions; Euler-legendre transformations
语言
英语
类型
Journal Article; Text
2024-02-28
MODS