Allocative vs. Technical Efficiency, and Related Matters in Linear Programming
The relationship between technical and allocative efficiency is examined by drawing on concepts of activity dominance in linear programming. The conclusion is reached that there is no fundamental distinction between technical and allocative efficiency. Other topics addressed in the paper, all connected by the common thread of activity dominance, include activity specification and the nature of returns to scale.
Volume (Year): 55 (1987)
Issue (Month): 02 (August)
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