Both strategic and environmental factors make biomass an important energy source and element of sustainable energy policy. The establishment of a reasonable energy crop-mix, indeed, involves various uncertain data. This paper, therefore, offers a multi-criteria decision making framework for...

The aim of the article is to develop technique for climate change mitigation policies assessment based on priorities of sustainable energy development. There is a close relationship between energy policies and tools aiming at sustainable energy development targets, i.e. promotion of renewable...

Economic, technological, social, and political developments stressed the need for shifts in energy-mix. Therefore it is important to provide a rationale for sustainable decision making in energy policy. The aim of this paper is to develop the multi-criteria decision support framework for...

Under production uncertainty, it is shown that the LeChatelier principle holds for the derived demand of the "i"th factor if it is technically complementary (competing) with the risk-increasing (risk-reducing) quasi-fixed input and absolute risk aversion is decreasing. In addition, the...

Due to the assumption that the best practice methods refer to each input separately instead of the whole set of inputs used by a firm, the benchmark technology as defined in the stochastic varying coefficient frontier model may be infeasible and theoretically improper whenever the maximum...

The temporal pattern of technical efficiency in the technical inefficiency effects model, as initially modeled by Battese and Coelli (1995), is rather restrictive. Specifically, it a priori imposes a common pattern upon all firms in the sample, which in addition is monotonic over time. Obviously...

This paper develops a tractable theoretical framework for analyzing the substitutability between different advertising media, the extent of marketing spillovers in the market, the allocative efficiency of advertising spending, and the sources of total advertising productivity and sales growth....

This paper extends the primal decomposition of TFP changes to the case of non-neutral production frontiers. Output growth is decomposed into input growth (size effect), changes in technical efficiency, technical change, and the effect of returns to scale. Within the proposed formulation,...