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The StoNED age : the departure into a new era of efficiency analysis? : a MC study comparing StoNED and the "Oldies" (SFA and DEA) conference paper

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Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring e fficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....

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