Econometrica: Jul 1973, Volume 41, Issue 4
Neo-Classical Technology Sets and Properties of Production Possibility Sets
Yoshihiko OtaniThe 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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