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...

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...