De Mendonça, Mário Jorge Cardoso; Pereira Júnior, … - 2022
bayesian inference is still capable of contemplating the temporal dynamics of efficiency. The consideration of this point is … fundamental, because the studies done to evaluate the efficiency of the electric sector have neglected the fact that part of the … increase in efficiency of a utility comes from the gain of scale due to the expansion of the market, a process that happens …
