Horrace, William; Richards-Shubik, Seth; Wright, Ian - In: Empirical Economics 48 (2015) 2, pp. 829-848
In the stochastic frontier model, we extend the multivariate probability statements of Horrace (J Econom, 126:335–354, <CitationRef CitationID="CR22">2005</CitationRef>) to calculate the conditional probability that a firm is any particular efficiency rank in the sample. From this, we construct the conditional expected efficiency rank...</citationref>