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  • Search: subject:"performance evaluation under uncertainty"
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data envelopment analysis 1 electricity distribution sector 1 nonparametric efficiency analysis 1 performance evaluation under uncertainty 1 stochastic dominance 1
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Kuosmanen, Timo 1 Post, Thierry 1
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Journal of Productivity Analysis 1
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Nonparametric Efficiency Analysis under Price Uncertainty: A First-Order Stochastic Dominance Approach
Kuosmanen, Timo; Post, Thierry - In: Journal of Productivity Analysis 17 (2002) 3, pp. 183-200
This paper extends the nonparametric approach to efficiency analysis to deal with uncertainty of input-output prices. We generalize the notion of economic efficiency to derive necessary and sufficient first-order stochastic dominance (FSD) efficiency conditions. Interestingly, the FSD conditions...
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