The hybrid returns-to-scale model and its extension by production trade-offs: an application to the efficiency assessment of public universities in Malaysia
Sign Up to like & getrecommendations! Published in 2017 at "Annals of Operations Research"
DOI: 10.1007/s10479-015-1854-0
Abstract: Most applications of data envelopment analysis (DEA) employ standard constant or variable returns-to-scale models. In this paper we suggest that these models may sometimes underutilize our knowledge of the underlying production process. For example, in… read more here.
Keywords: production trade; production; hybrid returns; dea ... See more keywords
Enumeration algorithms for FDH directional distance functions under different returns to scale assumptions
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DOI: 10.1007/s10479-018-2791-5
Abstract: Computing directional distance functions for a free disposal hull (FDH) technology in general requires solving nonlinear mixed integer programs. Cherchye et al. (J Product Anal 15(3):201–215, 2001) provide an enumeration algorithm for the FDH directional… read more here.
Keywords: directional distance; enumeration algorithms; fdh directional; returns scale ... See more keywords
Returns to scale, operating leverage, and expected stock returns
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DOI: 10.1007/s40821-016-0053-5
Abstract: The asset pricing literature demonstrates a positive association between operating leverage and expected stock returns. We uniquely examine the predictive power of operating leverage on expected stock returns, in light of the industry returns to… read more here.
Keywords: expected stock; returns scale; operating leverage; stock returns ... See more keywords
Returns to scale in electricity generation: Replicated and revisited
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DOI: 10.1016/j.eneco.2017.12.024
Abstract: Abstract We replicate the findings of two influential studies on returns to scale in the United States electricity generation market. The main results are contrasted using both local-linear nonparametric regression, a technique robust to parametric… read more here.
Keywords: returns scale; scale electricity; generation replicated; electricity generation ... See more keywords
A nonparametric test of quasiconcave production function with variable returns to scale
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DOI: 10.1016/j.jmateco.2018.12.003
Abstract: Abstract Modeling “quasiconcavity” and “variable returns to scale” simultaneously is a challenging task. This paper defines variable returns to scale vigorously and explores its relationships with elasticity of scale and S-shaped functions. To check empirical… read more here.
Keywords: returns scale; production function; quasiconcave production; variable returns ... See more keywords
The effect of increasing returns to scale in public goods investment on threshold values of cooperation under social exclusion mechanism
Sign Up to like & getrecommendations! Published in 2019 at "Physica A: Statistical Mechanics and its Applications"
DOI: 10.1016/j.physa.2019.121866
Abstract: Abstract This paper establishes a stochastic evolutionary public goods game (PGG) model with exclusion-type strategies in a well-mixed and finite size population. The effect of increasing-returns-to-scale in public goods investment is considered. We focus on… read more here.
Keywords: exclusion; increasing returns; public goods; effect ... See more keywords
A Fuzzy Approach to Support Evaluation of Fuzzy Cross Efficiency
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DOI: 10.3390/sym13050882
Abstract: Cross-efficiency evaluation effectively distinguishes a set of decision-making units (DMUs) via selfand peer-evaluations. In constant returns to scale, this evaluation technique is usually applied for data envelopment analysis (DEA) models because negative efficiencies will not… read more here.
Keywords: cross efficiency; returns scale; evaluation; fuzzy cross ... See more keywords
MEASURING RETURNS TO SCALE AMONG VEGETABLE PRODUCERS UNDER TECHNOLOGICAL CHANGE: AN EVIDENCE FROM CHINA
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Animal and Plant Sciences"
DOI: 10.36899/japs.2020.2.0042
Abstract: Chinese vegetable industry is rapidly progressing as the vibrant pillar of the rural economy. The imperatives of returns to scale under technological change in the domain of vegetable production are gaining much attention of researchers… read more here.
Keywords: technological change; progress; production; returns scale ... See more keywords