Protocols for MPS choices in VEA models with variable returns to scale
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DOI: 10.1007/s10479-024-06286-w
Abstract: In this paper, we examine the implications of using different strongly efficient Decision Making Units (DMUs) as the Most Preferred Solution (MPS) in Value Efficiency Analysis (VEA) models with variable returns to scale. We provide… read more here.
Keywords: protocols mps; mps choices; vea models; models variable ... See more keywords
A nonparametric test of quasiconcave production function with variable returns to scale
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Mathematical Economics"
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