An Approach to the Marginal Rate of Substitution in Economics and Data Envelopment Analysis
Publish place: Sixth International Conference on DEA
Publish Year: 1393
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
DEA06_306
تاریخ نمایه سازی: 16 خرداد 1394
Abstract:
After introducing the concept of utility function and its mathematical properties, the concept of marginal cost and the method of measuring it in Cobb-Douglas is presented. Then the authors discuss how marginal cost should be calculated in DEA. Surveying the problems of calculating the MRS, the authors suggest a number of solutions to settle this issue. Lastly, by using the mentioned solution, the authors classify inputs in a DEA model
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Authors
Mohsen Mirzaei
PhD student, Department of Mathematics, Lahijan Branch, Islamic Azad University, Lahijan, Iran.
Seyed Mohammad Fakhr moosavi
PhD student, Department of Mathematics, Rasht Campus-Science and Research Branch, Islamic Azad University, Rasht, Iran