NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION: AN EXPERIMENTAL EVALUATION.

Raymond J. Kopp, V. Kerry Smith

Research output: Chapter in Book/Report/Conference proceedingChapter

4 Citations (Scopus)

Abstract

The purpose of this paper is to summarize an experimental evaluation of the performance of neoclassical models of production in measuring the prospects for input substitution within an ex ante framework. The analysis maintains that neoclassical models are best interpreted as convenient approximations for the inherently complex engineering processes of real-world production activities.

Original languageEnglish (US)
Title of host publicationAdvances in the Economics of Energy and Resources
Place of PublicationGreenwich, CT, USA
PublisherJAI Press Inc
Pages183-198
Number of pages16
Volume4
ISBN (Print)0892322152
StatePublished - 1982
Externally publishedYes

Fingerprint

Substitution reactions

ASJC Scopus subject areas

  • Engineering(all)

Cite this

Kopp, R. J., & Smith, V. K. (1982). NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION: AN EXPERIMENTAL EVALUATION. In Advances in the Economics of Energy and Resources (Vol. 4, pp. 183-198). Greenwich, CT, USA: JAI Press Inc.

NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION : AN EXPERIMENTAL EVALUATION. / Kopp, Raymond J.; Smith, V. Kerry.

Advances in the Economics of Energy and Resources. Vol. 4 Greenwich, CT, USA : JAI Press Inc, 1982. p. 183-198.

Research output: Chapter in Book/Report/Conference proceedingChapter

Kopp, RJ & Smith, VK 1982, NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION: AN EXPERIMENTAL EVALUATION. in Advances in the Economics of Energy and Resources. vol. 4, JAI Press Inc, Greenwich, CT, USA, pp. 183-198.
Kopp RJ, Smith VK. NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION: AN EXPERIMENTAL EVALUATION. In Advances in the Economics of Energy and Resources. Vol. 4. Greenwich, CT, USA: JAI Press Inc. 1982. p. 183-198
Kopp, Raymond J. ; Smith, V. Kerry. / NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION : AN EXPERIMENTAL EVALUATION. Advances in the Economics of Energy and Resources. Vol. 4 Greenwich, CT, USA : JAI Press Inc, 1982. pp. 183-198
@inbook{0cb92d2310e6445c8c424ad7be4e35be,
title = "NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION: AN EXPERIMENTAL EVALUATION.",
abstract = "The purpose of this paper is to summarize an experimental evaluation of the performance of neoclassical models of production in measuring the prospects for input substitution within an ex ante framework. The analysis maintains that neoclassical models are best interpreted as convenient approximations for the inherently complex engineering processes of real-world production activities.",
author = "Kopp, {Raymond J.} and Smith, {V. Kerry}",
year = "1982",
language = "English (US)",
isbn = "0892322152",
volume = "4",
pages = "183--198",
booktitle = "Advances in the Economics of Energy and Resources",
publisher = "JAI Press Inc",

}

TY - CHAP

T1 - NEOCLASSICAL MEASUREMENT OF EX ANTE RESOURCE SUBSTITUTION

T2 - AN EXPERIMENTAL EVALUATION.

AU - Kopp, Raymond J.

AU - Smith, V. Kerry

PY - 1982

Y1 - 1982

N2 - The purpose of this paper is to summarize an experimental evaluation of the performance of neoclassical models of production in measuring the prospects for input substitution within an ex ante framework. The analysis maintains that neoclassical models are best interpreted as convenient approximations for the inherently complex engineering processes of real-world production activities.

AB - The purpose of this paper is to summarize an experimental evaluation of the performance of neoclassical models of production in measuring the prospects for input substitution within an ex ante framework. The analysis maintains that neoclassical models are best interpreted as convenient approximations for the inherently complex engineering processes of real-world production activities.

UR - http://www.scopus.com/inward/record.url?scp=0020337042&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0020337042&partnerID=8YFLogxK

M3 - Chapter

AN - SCOPUS:0020337042

SN - 0892322152

VL - 4

SP - 183

EP - 198

BT - Advances in the Economics of Energy and Resources

PB - JAI Press Inc

CY - Greenwich, CT, USA

ER -