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Título : Increasing quasiconcave production and utility functions with diminishing returns to scale
Autor : Martínez-Legaz, Juan Enrique; Rubinov, Alexander M.; Schaible, Siegfried
Palabras clave : Aggregator functions
Diminishing returns to scale
Abstract convexity
Duality
Fecha de publicación : 25-mar-2003
Serie : UFAE and IAE Working Papers
565.03
Resumen: In microeconomic analysis functions with diminishing returns to scale (DRS) have frequently been employed. Various properties of increasing quasiconcave aggregator functions with DRS are derived. Furthermore duality in the classical sense as well as of a new type is studied for such aggregator functions in production and consumer theory. In particular representation theorems for direct and indirect aggregator functions are obtained. These involve only small sets of generator functions. The study is carried out in the contemporary framework of abstract convexity and abstract concavity.
URI : http://hdl.handle.net/10261/1824
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