TY - JOUR
T1 - Measuring economic efficiency with incomplete price information
AU - Kuosmanen, Timo
AU - Post, Thierry
N1 - Funding Information:
The original Kuosmanen and Post (2001) paper forms part of the Ph.D. thesis Kuosmanen (2001) . We are grateful to Professor Niels Christian Petersen, who served as one of the opponents of this thesis, for pointing out the error discussed in this note. We also thank an anonymous referee for comments. The first author gratefully acknowledges the financial support from the Emil Aaltonen Foundation.
Copyright:
Copyright 2008 Elsevier B.V., All rights reserved.
PY - 2003/1/16
Y1 - 2003/1/16
N2 - The computation of upper and lower bounds for economic efficiency when incomplete price information is available was discussed. The identification and correction of technical error associated with lower bound was presented. A revised algorithm for the empirical estimator for the lower bound was also presented.
AB - The computation of upper and lower bounds for economic efficiency when incomplete price information is available was discussed. The identification and correction of technical error associated with lower bound was presented. A revised algorithm for the empirical estimator for the lower bound was also presented.
KW - Data envelopment analysis (DEA)
KW - Economic efficiency measurement
KW - Free disposable hull (FDH)
KW - Imperfect competition
KW - Weight-restricted models
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U2 - 10.1016/S0377-2217(01)00398-8
DO - 10.1016/S0377-2217(01)00398-8
M3 - Article
AN - SCOPUS:0037448269
SN - 0377-2217
VL - 144
SP - 454
EP - 457
JO - European Journal of Operational Research
JF - European Journal of Operational Research
IS - 2
ER -