The static production efficiency model and the dynamic duality model of intertemporal decision making using a parametric approach have been continuously developed but in separate directions. The parametric approach takes statistical noise into account, which can provide accurate measures in a...

This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow for different adjustments of the decision...

The US commercial banking system has undergone dramatic consolidation. This consolidation has been in response to fundamental changes in regulation and technology. The banking and finance literature is abound with research attempting to quantify and evaluate a wide range of outcomes arising from...

The main objective of this research is to discuss and extend the existing literature that is concerned with the estimation of demand and supply parameters to determine unobserved prices, quantities, quality and marginal costs at the firm-level using data sets that reports only revenue and cost...