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Tangency capacity notions based upon the profit and cost functions: A non-parametric approach and a general comparison |
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| Authors: | Walter Briec Kristiaan Kerstens Diego Prior Ignace Van de Woestyne |
| Institution: | 1. University of Perpignan, LAMPS, 52 avenue de Villeneuve, F-66000 Perpignan, France;2. CNRS-LEM (UMR 8179), IESEG School of Management, 3 rue de la Digue, F-59000 Lille, France;3. Universitat Autònoma de Barcelona, Dpt. d''Economia de l''Empresa, E-08193 Bellaterra, Spain, and IESEG School of Management, 3 rue de la Digue, F-59000 Lille, France;4. Hogeschool Universiteit Brussel, Stormstraat 2, B-1000 Brussel, Belgium |
| Abstract: | This contribution provides a way to define and compute a tangency notion of economic capacity based upon the relation between the various directional distance functions and the profit and cost functions using non-parametric technologies. A new result relating profit and cost function-based tangency capacity notions is established. |
| Keywords: | C61 D24 |
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