Stochastic Non-smooth Envelopment of Data (StoNED) is a semi-parametric and stochastic method of efficiency measurement that combines some of the virtues of the classical counterparts, namely Stochastic Frontier Analysis (SFA) versus Data Envelopment Analysis (DEA). Recently, it has been...

Multi-criteria production theory (MCPT) is a generalization of traditional production theories which has been developed in order to integrate concerns of modern management science and economics, in particular sustainability and environmental protection. Such as traditional production theory lays...