Evaluating dynamic efficiency by optimal control

DOI10.1080/00207729408949281MaRDI QIDQ4311269zbMATH OpenOpenAlexFDO

Authors J. K. Sengupta

Publication date 26 October 1994

Published in International Journal of Systems Science. Principles and Applications of Systems and Integration (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/00207729408949281

zbMATH Keywords

dynamic frameworkdynamically efficient firmFarrell's static concept of productive efficiencyinfinite horizonsoptimal control

Mathematics Subject Classification ID

Linear programming (90C05) Applications of mathematical programming (90C90) Production theory, theory of the firm (91B38) Economic growth models (91B62) Application models in control theory (93C95)

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Cites work

• A General Solution for Linear Decision Rules: An Optimal Dynamic Strategy Applicable under Uncertainty
• Dynamic Programming Under Uncertainty with a Quadratic Criterion Function
• Generalized Costs of Adjustment and Dynamic Factor Demand Theory
• Recent developments in DEA. The mathematical programming approach to frontier analysis
• The Estimation of Partial Adjustment Models with Rational Expectations

Cited in

(8)

• Ex post tests for short- and long-run optimization
• Fundamental symmetries and qualitative properties in the adjustment cost model of the firm
• Measuring dynamic efficiency under risk aversion
• Production with storable and durable inputs: nonparametric analysis of intertemporal efficiency
• scientific article; zbMATH DE number 1560852 (Why is no real title available?)
• A dynamic view of Farrell efficiency
• Dynamic efficiency and productivity measurement
• Measuring bank performance: from static black box to dynamic network models

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