In many decision scenarios, one has to choose an element from a set S given some reference point e. For the case where S is a subset of the Euclidean space , we axiomatize the choice method that selects the point in S that is closet to e.

A Tobit model censored at zero was selected to examine factors explaining differences in production efficiency amongst resettled farmers. Efficiency scores obtained from Data Envelop Analysis (DEA) were used as the dependent variable. From the factors inputted in the model, age of household...