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This paper develops a consistent bootstrap estimation procedure to obtain confidence intervals for nonparametric measures of productive efficiency. Although the methodology is illustrated in terms of technical efficiency measured by output distance functions, the technique can be easily extented...
Persistent link: https://www.econbiz.de/10005042969
Non-parametric data envelopment analysis (DEA) estimators based on linear programming methods have been widely applied in analyses of productive efficiency. The distributions of these estimators remain unknown except in the simple case of one input and one output, and previous bootstrap methods...
Persistent link: https://www.econbiz.de/10010263169
Non-parametric data envelopment analysis (DEA) estimators based on linear programming methods have been widely applied in analyses of productive efficiency. The distributions of these estimators remain unknown except in the simple case of one input and one output, and previous bootstrap methods...
Persistent link: https://www.econbiz.de/10004968414
Strategic management of universities must build the best possible relation between inputs and outputs. One relevant question, in this perspective, is whether the unit is making the best use of existing resources, or whether technical efficiency is in place. Here we address the question of...
Persistent link: https://www.econbiz.de/10005836786
Persistent link: https://www.econbiz.de/10015189168
Persistent link: https://www.econbiz.de/10011818609
Persistent link: https://www.econbiz.de/10005478937
We argue that normative indices of multidimensional inequality do not only measure a distribution’s extent of inequity (i.e., the gaps between the better-off and the worse-off), but also its extent of inefficiency (i.e., the non-realized mutually beneficial exchanges of goods). We provide a...
Persistent link: https://www.econbiz.de/10010927727
We model problems of allocating disputed properties as generalized exchange economies in which agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. In this context, we investigate procedural and...
Persistent link: https://www.econbiz.de/10011228291
We present a general equilibrium model of monopolistic competition with variable demand elasticities and investigate the impact of free trade on welfare and efficiency. First, contrary to the constant elasticity case, in which all gains from trade are due to increasing product diversity, our...
Persistent link: https://www.econbiz.de/10005042800