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Theoretical Underpinnings

In: Pricing Non-marketed Goods using Distance Functions

Author

Listed:
  • Rolf Färe
  • Shawna Grosskopf
  • Dimitris Margaritis

Abstract

The theoretical section of our book consists of seven chapters and an appendix. This chapter introduces the reader to production models upon which the book is based. Together with the appendix, it reviews the basic production theoretical concepts used in modeling the ‘black box’ technology. This includes the three equivalent input, output and technology sets which transform inputs into outputs, both intended and unintended. Network technologies are introduced in Chapter 6; these consist of connected black box technologies, both static and dynamic…

Suggested Citation

  • Rolf Färe & Shawna Grosskopf & Dimitris Margaritis, 2019. "Theoretical Underpinnings," World Scientific Book Chapters, in: Pricing Non-marketed Goods using Distance Functions, chapter 2, pages 5-11, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813277618_0002
    as

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