| Description |
1 online resource (267 p.) |
| Series |
Lecture Notes in Economics and Mathematical Systems ; Volume 692 |
|
Lecture notes in economics and mathematical systems ; 692
|
| Contents |
Multidirectional Dynamic Inefficiency Analysis: An Extension to Include Corporate Social Responsibility -- 1 Introduction -- 2 Dynamic Multidirectional Inefficiency Analysis with CSR Incorporated -- 3 Dataset -- 4 Results -- 5 Conclusions -- References -- Stochastic DEA -- 1 Introduction -- 2 Stochastic DEA -- 3 Distributional Assumptions on E -- 4 Measuring Technical Efficiency -- 5 Conclusions -- References -- Internal Benchmarking for Efficiency Evaluations Using Data Envelopment Analysis: A Review of Applications and Directions for Future Research -- 1 Introduction |
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Intro -- Preface -- Contents -- Contributors -- Introduction -- 1 General Insights and Concepts -- 2 The Book Chapters and Contents -- 2.1 Part 1 -- 2.2 Part 2 -- 2.3 Part 3 -- 3 Concluding Remarks -- References -- Part 1 -- Production Economics and Economic Efficiency -- References -- Data Envelopment Analysis: A Review and Synthesis -- 1 Introduction -- 2 The Origin of Frontier Methods -- 3 The Original DEA Model -- 4 The Evolution of the DEA Methodology -- 5 DEA Applications Roadmap -- 6 Opportunities for Future Developments in DEA -- References |
|
Stochastic Frontier Analysis: A Review and Synthesis -- 1 Introduction -- 2 Stochastic Frontier Analysis (SFA) -- 2.1 The SFA Method -- 2.2 SFA Approach in EE -- 3 Applications of SFA in EE Assessment -- 4 Policy Recommendations and Possible Future Research Applications of SFA -- 5 Concluding Remarks -- References -- Part 2 -- Combining Directional Distances and ELECTRE Multicriteria Decision Analysis for Preferable Assessments of Efficiency -- 1 Introduction -- 2 Using ELECTRE Outranking to Set a "Preferable Direction" -- 3 Numerical Example -- 4 Conclusions -- References |
|
Benefit-of-the-Doubt Composite Indicators and Use of Weight Restrictions -- 1 Introduction -- 2 BoD Composite Indicators Based on DEA Models -- 3 BoD Composite Indicators Based on Directional Distance Functions -- 4 Incorporating Value Judgments in BoD Composite indicators -- 4.1 Restrictions to Virtual Weights in CIs -- 4.2 Direct Weight Restrictions in CIs -- 5 Graphical Interpretation of a Directional BoD Model -- 5.1 Directional BoD Model with Virtual Weight Restrictions -- 5.2 Directional BoD Model with ARI Restrictions -- 6 Conclusions -- References |
|
2 Methodological Procedure -- 3 Results -- 4 Internal Longitudinal Benchmarking: An Empirical Application -- 5 Discussion -- 6 Conclusions -- References -- Part 3 -- Recent Advances in the Construction of Nonparametric Stochastic Frontier Models -- 1 Introduction -- 2 Identification -- 3 Estimation -- 3.1 Full Separability -- 3.2 Weak Separability -- 3.3 No Separability -- 4 Concluding Remarks -- References -- A Hierarchical Panel Data Model for the Estimation of Stochastic Metafrontiers: Computational Issues and an Empirical Application -- 1 Introduction -- 2 The Model and Its Estimation |
| Summary |
Economic efficiency analysis has received considerable worldwide attention in the last few decades, with Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA) establishing themselves as the two dominant approaches in the literature. This book, by combining cutting-edge theoretical research on DEA and SFA with attractive real-world applications, offers a valuable asset for professors, students, researchers, and professionals working in all branches of economic efficiency analysis, as well as those concerned with the corresponding economic policies. The book is divided into three parts, the first of which is devoted to basic concepts, making the content self-contained. The second is devoted to DEA, and the third to SFA. The topics covered in Part 2 range from stochastic DEA to multidirectional dynamic inefficiency analysis, including directional distance functions, the elimination and choice translating algorithm, benefit-of-the-doubt composite indicators, and internal benchmarking for efficiency evaluations. Part 3 also includes exciting and cutting-edge theoretical research on e.g. robustness, nonparametric stochastic frontier models, hierarchical panel data models, and estimation methods like corrected ordinary least squares and maximum entropy |
| Bibliography |
Includes bibliographical references |
| Notes |
3 Computational Issues |
|
Description based on online resource; title from digital title page (viewed on July 20, 2023) |
| Subject |
Economics -- Mathematical models.
|
|
Economics -- Mathematical models
|
| Form |
Electronic book
|
| Author |
Macedo, Pedro, editor
|
|
Moutinho, Victor, editor
|
|
Madaleno, Mara, 1981- editor
|
| ISBN |
3031295838 |
|
9783031295836 |
|
