Andor, Mark Andreas; Parmeter, Christopher F.; Sommer, … - 2018
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and …Data envelopment analysis (DEA) and stochastic frontier analysis (SFA), as well as combinations thereof, are widely … applied by regulators. Our results demonstrate that combination approaches, such as taking the maximum or the mean over DEA …