Stochastic Frontier Analysis: Theory and Practices

Language: English

Published by LAP LAMBERT Academic Publishing, 2019

6200220670 / 9786200220677

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nach der Bestellung gedruckt Neuware - Printed after ordering - Technical efficiency of an individual decision-making unit is defined in terms of the ratio of the observed output to the corresponding frontier output. There are two main competing paradigms for estimating the relative efficiency of individual decision making units (DMU); parametric and non-parametric. The parametric approach assumes a functional relationship between output and inputs and use statistical techniques to estimate the parameters of the function. The non-parametric approach, in contrast, contracts a linear piecewise function from empirical observations on inputs and output without assuming any a priori functional relationship between them. With non-parametric approach, data envelopment analysis (DEA) is used to eastimate technical efficiency of each decision making unit. This study only examined the tools and techniques of parametric approach. The parametric approach relies on a specific functional form and it can be sub-divided into deterministic and stochastic models.…

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Title
Stochastic Frontier Analysis: Theory and Practices
Author
A. Aruna Shantha
Publisher
LAP LAMBERT Academic Publishing
Publication year
2019
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6200220670
ISBN 13
9786200220677
Item weight
161 grams
Dimensions
220x150x6 mm

AHA-BUCH GmbH

Einbeck, Germany

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