This work focuses on measuring and explaining producer performance. The contributors to this volume view performance as a function of the state of technology and economic efficiency. They show that insights can be gained by allowing for the possibility of a divergence between the economic...

When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several...

This chapter begins with a brief discussion of variations in productive efficiency using airlines as an example. It then presents the main purpose of the book, which is to study inefficiency in production and its impact on economic and financial performance. The chapter then provides background...

Based on non-parametric deterministic production technologies radial and non-radial measures of technical efficiency are evaluated using properties guaranteeing insensitivity to the dimensionality of technology. These new axioms are important in empirical research and may especially prevent...

Technical efficiency measure can be classified as either radial or nonradial. While the theoretical question of which is the better type of measure is unresolved, the radial measures enjoy much greater popularity than the nonradial measures in the empirical literature. To assess the impact of...