Bounded rationality and thick frontiers in stochastic frontier analysis

DOI10.1016/J.EJOR.2019.12.010MaRDI QIDQ2178102zbMATH OpenOpenAlexWikidataFDO

Authors Mike G. Tsionas

Publication date 7 May 2020

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2019.12.010

zbMATH Keywords

Bayesian analysisstochastic frontier modelstechnical efficiencybounded rationalitydecision support

Mathematics Subject Classification ID

Nonparametric hypothesis testing (62G10) Applications of statistics to economics (62P20) Decision theory (91B06) Bayesian problems; characterization of Bayes procedures (62C10)

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Cites work

• scientific article; zbMATH DE number 107616 (Why is no real title available?)
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• Bargaining model of labor disputes considering social mediation and bounded rationality
• Bayes Factors
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• On the use of panel data in stochastic frontier models with improper priors
• Probabilistic choice and procedurally bounded rationality
• Rational inefficiency, adjustment costs and sequential technologies
• Selecting optimal selling format of a product in B2C online auctions with boundedly rational customers
• Smooth approximations to monotone concave functions in production analysis: an alternative to nonparametric concave least squares
• Speculative dynamics with bounded rationality learning
• Statistical testing of bounded rationality with applications to the newsvendor model
• The structure of random utility models

Cited in

(7)

• Bounded rationality and limited data sets
• Minimax regret priors for efficiency estimation
• Tests for bounded rationality with a linear dynamic model distorted by heterogeneous expectations
• Quantile Methods for Stochastic Frontier Analysis
• Statistical testing of bounded rationality with applications to the newsvendor model
• Leading the field: fortune favors the bold in Thurstonian choice models
• Bayesian learning in performance. Is there any?

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