Recent work on business strategy considers the evaluation of company performance using frontier methods (Devinney et al., forthcoming). The present paper builds on that work to examine the extent to which company performance in one period impacts on business practices and hence performance in...

In the article we define the concept of inflation rate related only to electricity production and derive the appropriate discount function using the continuous-time approach. We also present a modification for models with discrete time. The concept of the inflation rate function is based on the...