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

Econometrica: Jul, 1973, Volume 41, Issue 4

Neo-Classical Technology Sets and Properties of Production Possibility Sets<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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