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Betrachtungen zur Optimalität technischer Ineffizienz

In: Intelligent Decision Support

Author

Listed:
  • Günter Fandel

    (FernUniversität in Hagen)

Abstract

In this paper two approaches are presented, which explicitly explain the appearance of inefficiencies in production processes by rational decision behavior. The first approach generates inefficiencies by attributing an independent value to them. In the second approach inefficiencies are the result of maximizing the utility in dependence of performance parameters, which lead to an inefficient production of a given output. In addition, this approach represents a new model, which can explain inefficiencies in the production of qualitatively high services of consulting.

Suggested Citation

  • Günter Fandel, 2008. "Betrachtungen zur Optimalität technischer Ineffizienz," Springer Books, in: Andreas Bortfeldt & Jörg Homberger & Herbert Kopfer & Giselher Pankratz & Reinhard Strangmeier (ed.), Intelligent Decision Support, pages 205-212, Springer.
    • Handle: RePEc:spr:sprchp:978-3-8349-9777-7_12
    DOI: 10.1007/978-3-8349-9777-7_12
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