Cost function and positive mathematical programming
A line of research in Positive Mathematical Programming (PMP) has pursued the goal of estimating a cost function capable of reproducing the base-year results in a sample of farms. Originally, the PMP approach estimated a “myopic” cost function, that is, a cost relation depending only on the output l...
| Published in: | Bio-based and Applied Economics |
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| Main Author: | |
| Format: | Article |
| Language: | English |
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Firenze University Press
2017-07-01
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| Subjects: | |
| Online Access: | https://oaj.fupress.net/index.php/bae/article/view/3304 |