Download or read book Fundamentals of Production Theory written by Rolf Färe and published by Springer. This book was released on 1988-07-27 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This graduate text develops production theory from a set of reasonable axioms. The theory is presented both in a primal and dual as well as in an indirect (constrained) framework. The basic model leads to a set of efficiency measures which can be readily employed in empirical work. A first draft of the text was used to teach students at Vanderbilt University. The text includes a variety of exercise problems.