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Starting from existing static decompositions of overall economic efficiency on nonparametric production and cost frontiers, this article proposes more comprehensive decompositions including several cost-based notions of capacity utilization. Furthermore, in case prices are lacking, we develop...
Persistent link: https://www.econbiz.de/10010549341
Persistent link: https://www.econbiz.de/10010619004
Starting from existing static decompositions of overall economic efficiency on non-parametric production and cost frontiers, this paper proposes more comprehensive decompositions including several cost-based notions of capacity utilisation. Furthermore, in case prices are lacking, we develop...
Persistent link: https://www.econbiz.de/10010618359
Persistent link: https://www.econbiz.de/10010618375
Persistent link: https://www.econbiz.de/10009817834
This contribution provides a way to define and compute a tangency notion of economic capacity based upon the relation between the various directional distance functions and the profit and cost functions using non-parametric technologies. A new result relating profit and cost function-based...
Persistent link: https://www.econbiz.de/10009421620
This contribution provides a way to define and compute a tangency notion of economic capacity based upon the relation between the various directional distance functions and the profit and cost functions using non-parametric technologies. A new result relating profit and cost function-based...
Persistent link: https://www.econbiz.de/10008866261
Persistent link: https://www.econbiz.de/10008439890
This contribution compares existing and newly developed techniques for geometrically representing mean-variance-skewness portfolio frontiers based on the rather widely adapted methodology of polynomial goal programming (PGP) on the one hand and the more recent approach based on the shortage...
Persistent link: https://www.econbiz.de/10010854438
This note first succinctly summarizes the currently available methods to solve the various nonconvex free disposal hull (FDH) models for technical efficiency as well as for minimum costs. It also offers some empirical illustration as to their computational efficiency. Second, this note briefly...
Persistent link: https://www.econbiz.de/10010748325