Wagner, Christina; Huettel, Silke; Odening, Martin; … - Agricultural and Applied Economics Association - AAEA - 2013
The existing literature on dynamic efficiency is deterministic and ignores uncertainty when deriving dynamic efficiency …-fixed factors. Here, we contribute to closing this gap by developing a model that takes the dynamic efficiency measurement and the … empirical evidence for the importance of considering uncertainty when deriving (dynamic) efficiency measures: neglecting …