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Pricing Models Based on Indirect Distance Functions

In: Pricing Non-marketed Goods using Distance Functions

Author

Listed:
  • Rolf Färe
  • Shawna Grosskopf
  • Dimitris Margaritis

Abstract

In this chapter, we introduce pricing models based on cost and revenue indirect distance functions. These functions differ from the distance functions in earlier chapters; their variables are normalized prices and quantities rather than just quantities of inputs and outputs. (see also Färe and Grosskopf, 1994; Shephard, 1974)…

Suggested Citation

  • Rolf Färe & Shawna Grosskopf & Dimitris Margaritis, 2019. "Pricing Models Based on Indirect Distance Functions," World Scientific Book Chapters, in: Pricing Non-marketed Goods using Distance Functions, chapter 7, pages 53-62, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813277618_0007
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