Please use this identifier to cite or link to this item:
http://hdl.handle.net/10773/26464
Title: | A new mathematical model for the efficiency calculation |
Author: | Galindro, Aníbal Santos, Micael Torres, Delfim F. M. Marta-Costa, Ana |
Keywords: | Frontier estimation models Efficiency analysis Technical inefficiency From data to differential equations |
Issue Date: | 2020 |
Publisher: | Springer Nature |
Abstract: | During the past sixty years, a lot of effort has been made regarding the productive efficiency. Such endeavours provided an extensive bibliography on this subject, culminating in two main methods, named the Stochastic Frontier Analysis (parametric) and Data Envelopment Analysis (non-parametric). The literature states this methodology also as the benchmark approach, since the techniques compare the sample upon a chosen “more-efficient” reference. This article intends to disrupt such premise, suggesting a mathematical model that relies on the optimal input combination, provided by a differential equation system instead of an observable sample. A numerical example is given, illustrating the application of our model’s features. |
Peer review: | yes |
URI: | http://hdl.handle.net/10773/26464 |
DOI: | 10.1007/978-3-030-26149-8_9 |
ISBN: | 978-3-030-26148-1 |
Appears in Collections: | CIDMA - Capítulo de livro SCG - Capítulo de livro |
Files in This Item:
File | Description | Size | Format | |
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[435]Galindro_Santos_Torres_Marta-Costa.pdf | 205.09 kB | Adobe PDF |
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