Description: Estimating Output-Specific Efficiencies by D. Gstach The likely audience for this book includes professional researchers, who want to enrich their tool set for applied efficiency analysis, as well as students of economics, management science or operations research, inĀ tending to learn more about the potentials of rigorously understood efficiency analysis. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description This text presents a technique for comparative analysis of multi-output firms. In particular it provides a statistical foundation for output-specific efficiency estimation. In the presence of such differences the application of existing estimation techniques is either inappropriate or does not lead to statistically meaningful results. In this sense the book fills a remaining gap in the relevant literature. The key idea behind the approach is to use posterior distributions of target output-ratios of firms to determine reference points for performance comparison purposes. Monte Carlo simulations and an application to a real world data set indicate expectable small sample performance and the practical usefulness of the presented approach. Table of Contents Preface. Acknowledgments. Part I: Motivating the Concept. 1. Introduction. Part II: Operationalizing the Concept. 2. Technology Estimation. 3. Relation to Radial Measures. 4. Markov Chain Monte Carlo Analysis. 5. Data Generating Process. 6. Identification. 7. Posterior Distributions. Part III: Evaluating the Concept. 8. Estimator Performance. Part IV: Putting the Concept to Work. 9. An Application. 10. Concluding Remarks. References. Long Description The present book is the offspring of my Habilitation, which is the key to academic tenure in Austria. Legal requirements demand that a Ha Details ISBN1402004834 Short Title ESTIMATING OUTPUT-SPECIFIC EFF Series Applied Optimization Language English ISBN-10 1402004834 ISBN-13 9781402004834 Media Book Format Hardcover Series Number 61 Year 2002 Publication Date 2002-03-31 Edited by Dieter Gstach DEWEY 330.015195 Country of Publication United States Pages 204 Edition 2002nd Imprint Springer-Verlag New York Inc. Place of Publication New York, NY Illustrations XIV, 204 p. DOI 10.1007/b120754;10.1007/978-1-4615-0007-0 AU Release Date 2002-03-31 NZ Release Date 2002-03-31 US Release Date 2002-03-31 UK Release Date 2002-03-31 Author D. Gstach Publisher Springer-Verlag New York Inc. Edition Description 2002 ed. Alternative 9781461348832 Audience Undergraduate We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96269506;
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ISBN-13: 9781402004834
Book Title: Estimating Output-Specific Efficiencies
Number of Pages: 204 Pages
Language: English
Publication Name: Estimating Output-Specific Efficiencies
Publisher: Springer-Verlag New York Inc.
Publication Year: 2002
Subject: Economics, Management
Item Height: 235 mm
Item Weight: 1100 g
Type: Textbook
Author: D. Gstach
Subject Area: Data Analysis
Item Width: 155 mm
Format: Hardcover