英文文献:Production Decision licking in an Adaptive Mode
英文文献作者:Szmedre, Philip I.,Wetzstein, Michael E.,McClendon, Ronald W.
英文文献摘要:
This paper presents a general theory which reconciles agent maximizing behavior with alternative assumptions and provides a theoretical basis for X-Efficiency behavior by indicating conditions where maximization may not result in an optimal solution. An empirical application substantiates the significance of considering X-Efficiency behavior and illustrates its usefulness in policy analysis.