Briec, Walter; Cavaignac, Laurent; Kerstens, Kristiaan - In: Economic Modelling 28 (2011) 3, pp. 775-781
This contribution revisits the debate on the axiomatic properties satisfied by various radial versus non-radial measures of technical efficiency in production. This issue arises whenever isoquant and efficient subset of technology diverge and hence traditional radial measurement does not comply...