Econometrica: Jul 1973, Volume 41, Issue 4

Neo-Classical Technology Sets and Properties of Production Possibility Sets

https://doi.org/0012-9682(197307)41:4<667:NTSAPO>2.0.CO;2-T
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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