A production function with an inferior input

Gil S. Epstein, Uriel Spiegel

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

The expanding car industry has revealed an increase in the use of robots and machines together with a decrease in labor. This phenomenon refocuses attention on the possible existence of labor as an inferior input with robots as rival technical alternatives. In our paper we suggest a specific production function that allows for inferior inputs. We verify the general conditions that have been developed in past research.

Original languageEnglish
Pages (from-to)503-515
Number of pages13
JournalManchester School
Volume68
Issue number5
DOIs
StatePublished - Sep 2000

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