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The StoNED age: The departure into a new era of efficiency analysis? An MC study comparing StoNED and the "oldies" (SFA and DEA)
Andor, Mark; Hesse, Frederik - 2012
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency …
Persistent link: https://www.econbiz.de/10010310164
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The StoNED Age: The Departure Into a New Era of Efficiency Analysis? – A Monte Carlo Comparison of StoNED and the "Oldies" (SFA and DEA)
Andor, Mark; Hesse, Frederik - 2013
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring effi ciency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....
Persistent link: https://www.econbiz.de/10010290797
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The StoNED age: The departure into a new era of efficiency analysis? An MC study comparing StoNED and the "oldies" (SFA and DEA)
Andor, Mark; Hesse, Frederik - Centrum für angewandte Wirtschaftsforschung, … - 2012
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency …
Persistent link: https://www.econbiz.de/10010957049
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The StoNED Age: The Departure Into a New Era of Efficiency Analysis? – A Monte Carlo Comparison of StoNED and the “Oldies” (SFA and DEA)
Andor, Mark; Hesse, Frederik - Rheinisch-Westfälisches Institut für … - 2013
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency …
Persistent link: https://www.econbiz.de/10010617563
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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
Andor, Mark Andreas; Hesse, Frederik - 2013
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....
Persistent link: https://www.econbiz.de/10010341110
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A Monte Carlo simulation comparing DEA, SFA and two simple approaches to combine efficiency estimates
Andor, Mark; Hesse, Frederik - 2011
efficiency scores for each decision making unit (DMU) under consideration. In this study, we use a Monte Carlo experimentation to … analyze the optimal approach to determining individual efficiency scores. Our first research objective is a systematic … efficiency scores, with the elementary estimates of the two methods. Our results demonstrate that combination approaches can …
Persistent link: https://www.econbiz.de/10009374359
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A Monte Carlo simulation comparing DEA, SFA and two simple approaches to combine efficiency estimates
Andor, Mark; Hesse, Frederik - 2011
efficiency scores for each decision making unit (DMU) under consideration. In this study, we use a Monte Carlo experimentation to … analyze the optimal approach to determining individual efficiency scores. Our first research objective is a systematic … efficiency scores, with the elementary estimates of the two methods. Our results demonstrate that combination approaches can …
Persistent link: https://www.econbiz.de/10010307210
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The stoNED age : the departure into a new era of efficiency analysis? ; a Monte Carlo comparison of stoNED and the 'oldies' (SFA and DEA)
Andor, Mark Andreas; Hesse, Frederik - 2013
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency … in noisy scenarios, the nonparametric StoNED PL now constitutes a promising alternative to the SFA ML. -- Efficiency …
Persistent link: https://www.econbiz.de/10009687787
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The StoNED age : the departure into a new era of efficiency analysis? ; an MC study comparing StoNED and the "oldies" (SFA and DEA)
Andor, Mark Andreas; Hesse, Frederik - 2012
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency … alternative to the SFA ML. -- efficiency ; stochastic non-smooth envelopment of data (StoNED) ; data envelopment analysis (DEA …
Persistent link: https://www.econbiz.de/10009611648
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A Monte Carlo simulation comparing DEA, SFA and two simple approaches to combine efficiency estimates
Andor, Mark; Hesse, Frederik - Centrum für angewandte Wirtschaftsforschung, … - 2011
efficiency scores for each decision making unit (DMU) under consideration. In this study, we use a Monte Carlo experimentation to … analyze the optimal approach to determining individual efficiency scores. Our first research objective is a systematic … efficiency scores, with the elementary estimates of the two methods. Our results demonstrate that combination approaches can …
Persistent link: https://www.econbiz.de/10009369526