Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies …

Data Envelopment Analysis (DEA) based cost norms are widely used to regulate natural monopolies like water, electricity … investigate the incentives of a DEA based regulation when some of the demand dimensions, the cost drivers, can, in fact, be … controlled by the monopoly. In such cases, the classical DEA based regulation may lead to suboptimal incentives. Specifically, we …

Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) techniques, we find that mean relative efficiency increased … efficiency rankings of banks as estimated by DEA and SFA. Finally, an international benchmarking exercise using data from 203 …