@techreport{94a90eb9068b4327880bf9ee48b97266,

title = "A Model Distinguishing Production and Consumption Bundles",

abstract = "In contrast to the neo-classical theory of Arrow and Debreu, a model of a private ownership economy is presented in which production and consumption bundles are treated separately. Each of the two types of bundles is assumed to establish a convex cone. The main part in the modelling is the introduction of production technologies which can be thought of as replacing the notion of production sets in Arrow and Debreu{\textquoteright}s model. It is a point of further investigationwhether the notion of production technology is also generating the notion of production set",

keywords = "mathematical models, production, consumption",

author = "S. Schalk",

note = "Pagination: 19",

year = "1998",

language = "English",

volume = "1998-84",

series = "CentER Discussion Paper",

publisher = "Microeconomics",

type = "WorkingPaper",

institution = "Microeconomics",

}