Input decisions and price-quality schedules.

A model is developed to investigate how price-quality schedules affect optimal input choices. Dominance methods reveal integral and differential conditions on changes in schedules. These conditions, together with conditions on the quality-conditioned technology, are sufficient to determine alterat...

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Detalles Bibliográficos
Publicado en:Southern Economic Journal Vol. 66; no. 1; pp. 168 - 178
Autor principal: Hennessy, David A.
Formato: Artículo
Publicado: Southern Economic Association July 1999
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:A model is developed to investigate how price-quality schedules affect optimal input choices. Dominance methods reveal integral and differential conditions on changes in schedules. These conditions, together with conditions on the quality-conditioned technology, are sufficient to determine alterations in input use intensity. Possible extensions of the analysis conducted using this model are suggested, with suitable methodological changes.