Managerial ability plays a vital role in the performance of business enterprises; however, such efforts are not directly observable. This study estimates managerial ability within the insurance sector of the economy based on two data sets from two different Asian countries. We estimate...

The family of optimization models of Data Envelopment Analysis (DEA) has been shown to be very useful performance analytics tools that support benchmarking systems in measuring, comparing, and enhancing various notations of efficiency. It has also been extensively used as an advanced analytical...

In the wake of widespread privatisations of publicly owned utilities such as water, gas, electricity and telecommunications providers, regulatory systems have evolved to protect consumers from the often local monopoly or oligopoly power such organisations enjoy. Economic regulators impose inter...