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Estimating Multiproduct Cost Functions Over Time Using a Mixture of Normals

โœ Scribed by Daniel M. Gropper; Steven B. Caudill; T.Randolph Beard


Book ID
110253955
Publisher
Springer
Year
1999
Tongue
English
Weight
73 KB
Volume
11
Category
Article
ISSN
0895-562X

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Using the theory of multiproduct cost functions, this paper derives a cost function for physically frail older people living in private households, based on data collected between 1991 and 1995, for 472 subjects aged 65 years of age or over in four areas of England. The main characteristic of the co