Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Home> Econometrica> Issues> Supplemental Materials>Neo-Classical Technology Sets and Properties of Production Possibility Sets

Econometrica: Jul, 1973, Volume 41, Issue 4

Neo-Classical Technology Sets and Properties of Production Possibility Sets

https://www.jstor.org/stable/1914089
p. 667-682

Yoshihiko Otani

The purpose of this paper is twofold. The first is to obtain a nice characterization of production possibility sets generalizing the well-known nonsubstitution theorem. The second is to obtain a relationship between indispensability of nonproducible commodities and desirable properties of production possibility sets.

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