A General Input Distance Function Based on Opportunity Costs

A General Input Distance Function Based on Opportunity Costs

There are several distance function definitions in a general production framework, including Data Envelopment Analysis, which can be used to describe the production technology and to define corresponding measures of technical efficiency notably the Shephard and the directional distance functions . This paper introduces a generalisation of the distance function concept based on the idea of minim...

Copper limits: opportunity costs.

Structure and function of a general purpose input output processor

This paper describes a processor architecture designed specifically to perform input/output and interfacing functions for any central-processor-peripheral configuration. This architecture is justified on the basis of functional I/O requirements which are discussed in detail. This processor is microprogrammable with a writeable control store, allowing dynamic configuration of the processor for d...

Opportunity Costs In Modern Medicine

Opportunity Costs In Modern Medicine