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OverviewThe key unifying conceptual tool of this important entry in the study of efficiency and productivity is the directional distance function. In New Directions the authors take up this new performance measure while also maintaining their traditional axiomatic production theoretic approach. The directional distance function includes traditional distance functions and efficiency measures as special cases providing a unifying framework for existing productivity and efficiency measures. As a generalisation of the traditional distance functions, it turns out to be a dual to the profit function, opening a range of new tools for empirical and theoretical research. It also provides enough additional flexibility to open up new areas in productivity and efficiency analysis such as environmental and aggregation issues. Full Product DetailsAuthor: Rolf Fare , Shawna GrosskopfPublisher: Springer Imprint: Springer Dimensions: Width: 23.40cm , Height: 1.00cm , Length: 15.60cm Weight: 0.277kg ISBN: 9780387505459ISBN 10: 0387505458 Pages: 192 Publication Date: 10 September 2008 Audience: General/trade , General Format: Undefined Publisher's Status: Unknown Availability: Out of stock Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |