ALLOCATION UNDER INCREASING AND DECREASING RETURNS

ALLOCATION UNDER INCREASING AND DECREASING RETURNS

.  Efficient Allocation of labour among a set of machines (say) operating under initially increasing and then decreasing returns is studied first for identical machines and then for the case when machines can be ranked by their productivity. Essentially it is a question of the number of machines to...

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Veröffentlicht in:Pacific economic review (Oxford, England) England), 2006-10, Vol.11 (3), p.379-382
1. Verfasser: Beckmann, Martin J.
Format: Artikel
Sprache:eng
Schlagworte:
C61
D21
Machinery
Productivity
Resource allocation
Studies
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Beschreibung
Zusammenfassung:.  Efficient Allocation of labour among a set of machines (say) operating under initially increasing and then decreasing returns is studied first for identical machines and then for the case when machines can be ranked by their productivity. Essentially it is a question of the number of machines to be operated. At critical input levels this number jumps and the intensity of machine use is reduced discontinuously.
ISSN:1361-374X
1468-0106
DOI:10.1111/j.1468-0106.2006.00321.x