Non-parametric production analysis in non-competitive environments

Laurens Cherchye, Timo Kuosmanen, Thierry Post

Research output: Contribution to journalArticle

14 Citations (Scopus)

Abstract

We extend the non-parametric methodology for empirical production analysis to deal with endogenous prices. As price endogeneity is often complemented by price uncertainty, we consider both the case of certain prices and the case of uncertain prices. The extensions are fully compatible with existing tools for eliciting and representing technology and price information, and preserves the tractable mathematical programming structure of the original methodology. An empirical application to the Dutch electricity distribution sector illustrates our extension.

Original languageEnglish
Pages (from-to)279-294
Number of pages16
JournalInternational Journal of Production Economics
Volume80
Issue number3
DOIs
Publication statusPublished - Dec 11 2002
Externally publishedYes

Fingerprint

Mathematical programming
Electricity
Uncertainty
Production analysis
Methodology

Keywords

  • Data envelopment analysis
  • Electricity distribution sector
  • Endogenous prices
  • Non-parametric production analysis

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

Cite this

Non-parametric production analysis in non-competitive environments. / Cherchye, Laurens; Kuosmanen, Timo; Post, Thierry.

In: International Journal of Production Economics, Vol. 80, No. 3, 11.12.2002, p. 279-294.

Research output: Contribution to journalArticle

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