On the pricing of undesirable state-contingent outputs
Year: 2014
Type: article
Abstract: This paper adapts the models of Frisch (1965) and Murty and Russell (2006) on the modelling of undesirable outputs to a state-contingent setting with a specific emphasis on agricultural production technologies. The Chambers and Färe (2008) approach to calculating shadow prices for DEA technologies is extended to encompass state-contingent production problems. These contributions are implemented empirically using a dataset obtained from a survey of Catalan farmers.
DOI: 10.1093/erae/jbu018
Authors: R. G. Chambers, T. Serra, A. Oude Lansink
Language: English
Field: Decision Sciences
Domain: Social Sciences
SDG: Zero hunger
Open Access status: green
OpenAlex ID: W2149947500
