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Information theory approach in efficiency measurement

✍ Scribed by Sengupta, Jati K.

Publisher
John Wiley and Sons
Year
1994
Tongue
English
Weight
724 KB
Volume
10
Category
Article
ISSN
8755-0024

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Two popular approaches for efficiency measurement are a non-stochastic approach called data envelopment analysis (DEA) and a parametric approach called stochastic frontier analysis (SFA). Both approaches have modeling difficulty, particularly for ranking firm efficiencies. In this paper, a new param