Stochastic Frontier Analysis

Versandkostenfrei!
Versandfertig in 1-2 Wochen
57,99 €
inkl. MwSt.
Weitere Ausgaben:
PAYBACK Punkte
29 °P sammeln!
This book develops econometric techniques for the estimation of production, cost and profit frontiers.Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed ...