Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
Background: Duality in the microeconomic theory enables us to represent consumers’ preferences and production technology with various dual functions satisfying certain regularity conditions.
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Sciendo
2016-09-01
|
Series: | Business Systems Research |
Subjects: | |
Online Access: | https://doi.org/10.1515/bsrj-2016-0012 |
Summary: | Background: Duality in the microeconomic theory enables us to represent consumers’ preferences and production technology with various dual functions satisfying certain regularity conditions. |
---|---|
ISSN: | 1847-9375 |