Generalized Ozaki cost function
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The Generalized-Ozaki cost is a general description of cost described by Shuichi Nakamura.
For output y, at date t and a vector of m input prices p, the generalized-ozaki cost, c, is;
The Generalized-Ozaki cost is a general description of cost described by Shuichi Nakamura.
For output y, at date t and a vector of m input prices p, the generalized-ozaki cost, c, is;