A new mathematical model for the efficiency calculation

DOI10.1007/978-3-030-26149-8_9MaRDI QIDQ5112068zbMATH OpenOpenAlexFDO

Authors Aníbal Galindro, Micael Santos, Delfim F. M. Torres, Ana Marta-Costa

Publication date 28 May 2020

Published in Recent Advances in Modeling, Analysis and Systems Control: Theoretical Aspects and Applications (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1903.05516

zbMATH Keywords

efficiency analysisfrom data to differential equationsfrontier estimation modelstechnical inefficiency

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

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.

Recommendations

• scientific article; zbMATH DE number 7012562
• Minimax method of measuring productive efficiency
• scientific article; zbMATH DE number 1046535
• A mathematical model for dynamic efficiency using data envelopment analysis
• Recent developments in DEA. The mathematical programming approach to frontier analysis

Cites work

• A linear programming framework for free disposal hull technologies and cost functions: primal and dual models
• Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error
• Estimation and inference in two-stage, semi-parametric models of production processes
• Evaluating Contextual Variables Affecting Productivity Using Data Envelopment Analysis
• Formulation and estimation of stochastic frontier production function models
• From data to differential equations
• Frontier estimation using kernel smoothing estimators with data transformation
• One-stage and two-stage DEA estimation of the effects of contextual variables
• Parameter Estimation for Differential Equations: a Generalized Smoothing Approach

Cited in

(1)

• A mathematical model for the determination of performance losses of machines

This page was built for publication: A new mathematical model for the efficiency calculation

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5112068)