Dynamic Efficiency and Productivity Measurement is popular PDF and ePub book, written by Elvira Silva in 2020, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Dynamic Efficiency and Productivity Measurement can be Read Online from any device for your convenience.
Dynamic Efficiency and Productivity Measurement Book PDF Summary
"The book takes on a systematic treatment of dynamic decision making and performance measurement. The analytical foundations of the dynamic production technology are introduced and developed in detail for several primal representations of the technology with an emphasis on dynamic directional distance functions. Dynamic cost minimization and dynamic profit maximization are developed for primal and dual representations of the dynamic technology. A dynamic production environment can be characterized as one where current production decisions impact future production possibilities. Consequently, the dynamic perspective of production relationships necessarily involves the close interplay between stock and flow elements in the transformation process, and how current decisions impact the changes in future stocks. Stock elements in the production transformation process can involve physical elements that can be effectively employed in the transformation process that can include the stock of technical knowledge and expertise available to the decision maker during the decision period. The dynamic generalization of concepts measuring the production structure (e.g., economies of scale, economies of scope, capacity utilization) and performance (e.g., allocative, scale and technical inefficiency, productivity) are developed from primal and dual perspectives"--
Detail Book of Dynamic Efficiency and Productivity Measurement PDF
- Author : Elvira Silva
- Release : 01 July 2024
- Publisher : Oxford University Press, USA
- ISBN : 9780190919474
- Genre : Business & Economics
- Total Page : 249 pages
- Language : English
- PDF File Size : 11,8 Mb
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