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.

Bibliographic Details
Main Authors: Vrankić Ilko, Krpan Mira
Format: Article
Language:English
Published: Sciendo 2016-09-01
Series:Business Systems Research
Subjects:
Online Access:https://doi.org/10.1515/bsrj-2016-0012
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author Vrankić Ilko
Krpan Mira
author_facet Vrankić Ilko
Krpan Mira
author_sort Vrankić Ilko
collection DOAJ
description Background: Duality in the microeconomic theory enables us to represent consumers’ preferences and production technology with various dual functions satisfying certain regularity conditions.
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spelling doaj.art-a9cde64aee1f4178b9b6e2f878be85622022-12-22T03:38:48ZengSciendoBusiness Systems Research1847-93752016-09-0172496410.1515/bsrj-2016-0012bsrj-2016-0012Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual PerspectiveVrankić Ilko0Krpan Mira1Faculty of Economics and Business, University of Zagreb, CroatiaFaculty of Economics and Business, University of Zagreb, CroatiaBackground: Duality in the microeconomic theory enables us to represent consumers’ preferences and production technology with various dual functions satisfying certain regularity conditions.https://doi.org/10.1515/bsrj-2016-0012dualitypseudoproduction functionpseudocost functionprofit functionhotelling’s lemmad
spellingShingle Vrankić Ilko
Krpan Mira
Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
Business Systems Research
duality
pseudoproduction function
pseudocost function
profit function
hotelling’s lemma
d
title Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
title_full Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
title_fullStr Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
title_full_unstemmed Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
title_short Pseudoproduction, Pseudocost and Profit Functions in Monopoly from the Dual Perspective
title_sort pseudoproduction pseudocost and profit functions in monopoly from the dual perspective
topic duality
pseudoproduction function
pseudocost function
profit function
hotelling’s lemma
d
url https://doi.org/10.1515/bsrj-2016-0012
work_keys_str_mv AT vrankicilko pseudoproductionpseudocostandprofitfunctionsinmonopolyfromthedualperspective
AT krpanmira pseudoproductionpseudocostandprofitfunctionsinmonopolyfromthedualperspective