Analyzing Cost Efficient Production Behavior Under Economies of Scope: A Nonparametric Methodology In designing a production model for firms that generate multiple outputs, we take as a starting point that such multi-output production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost efficient ...

the price of water in agriculture plays an important role in the water allocation management. therefore, the optimum strategies of cropping pattern could be designed when water price analysis are considered in a predetermined economic framework. in the present study, a programming model was developed using the genetic algorithm for optimal water allocation in the eastern north of khuzestan prov...

background: activity based costing (abc) is one of the new methods began appearing as a costing methodol­ogy in the 1990's. it calculates cost price by determining the usage of resources. in this study, abc method was used for calculating cost price of remedial services in hospitals. methods: to apply abc method, shahid faghihi hospital was selected. first, hospital units were divided into thre...

We consider a Hotelling game where a finite number of retailers choose a location, given that their potential consumers are distributed on a network. Retailers do not compete on price but only on location, therefore each consumer shops at the closest store. We show that when the number of retailers is large enough, the game admits a pure Nash equilibrium and we construct it. We then compare the...

We compute hedonic quality-adjusted price-rent ratios for residential housing in Shanghai. Our method corrects selection into owner-occupied and omitted variables. find that quality adjustment reduces the ratio by 14 percent. Even so, a of 70 2017 is still very high international standards. In cross-section, increasing price, confirming previous findings cities western countries. But it decreas...

Standard meta-analytical and pharmacoeconomic techniques were used to study the clinical effectiveness and the cost-effectiveness ratio of the prophylactic (or pre-emptive) administration of G-CSF to patients with small cell lung cancer treated with conventional myelosuppressive cytotoxic chemotherapy. In the first part of our study, we conducted a meta-analysis of the randomized clinical trial...

The traditional economic approach to index number theory is based on a ratio concept. The Konüs true cost of living index is a ratio of cost functions evaluated at the same utility level but with the prices of the current period in the cost function that appears in the numerator and the prices of the base period in the denominator cost function. The Allen quantity index is also a ratio of cost ...