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- W1945421407 abstract "Cost minimization and profit maximization behavioral assumptions are most widely used in microeconomic theory to analyze firm behavior. In this paper we address estimation of a translog cost and profit systems with and without technical inefficiency. We also test whether cost minimization or profit maximization hypothesis is appropriate for a given data. The technique is illustrated using a panel data for the US airlines." @default.
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- W1945421407 date "2008-06-01" @default.
- W1945421407 modified "2023-09-23" @default.
- W1945421407 title "Estimation of cost vs profit systems with and without technical inefficiency" @default.
- W1945421407 doi "https://doi.org/10.29628/aep.200806.0002" @default.
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