Comparative performance analysis of frontier-based efficiency measurement methods -- a Monte Carlo simulation

DOI10.1016/J.EJOR.2022.09.039MaRDI QIDQ6106987zbMATH OpenOpenAlexFDO

Authors Heinz Ahn, Marcel Clermont, Julia Langner

Publication date 3 July 2023

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

Full work available at URL https://doi.org/10.1016/j.ejor.2022.09.039

zbMATH Keywords

data envelopment analysisMonte Carlo simulationperformance comparisonstochastic frontier analysisstochastic non-smooth envelopment of data

Mathematics Subject Classification ID

Operations research and management science (90Bxx)

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Cites work

• A comparison of DEA and the stochastic frontier model using panel data
• A Comparison of the Performance of Three Flexible Functional Forms
• A Monte Carlo comparison of two production frontier estimation methods: Corrected ordinary least squares and data envelopment analysis
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• A simulation study of DEA and parametric frontier models in the presence of heteroscedasticity.
• A stationary point for the stochastic frontier likelihood
• Alternative approaches to include exogenous variables in DEA measures: A comparison using Monte Carlo
• Benchmarking with DEA, SFA, and R.
• Combining uncertainty with uncertainty to get certainty? Efficiency analysis for regulation purposes
• Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error
• Efficiency measurement for multi-product industries: A comparison of classic and recent techniques based on simulated data
• Environmental factors in frontier estimation -- a Monte Carlo analysis
• Formulation and estimation of stochastic frontier production function models
• Generalized stochastic frontier production models
• Inferences from cross-sectional, stochastic frontier models
• Measuring the efficiency of decision making units
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• Pitfalls and protocols in DEA
• Probability essentials
• Small-sample properties of ML, COLS, and DEA estimators of frontier models in the presence of heteroscedasticity. (Comment by R.D.Banker, H.S.Chang, and W.W.Cooper)
• Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis
• The effects of exogenous variables in efficiency measurement -- a Monte Carlo study
• Type II failure and specification testing in the stochastic frontier model
• When does data envelopment analysis outperform a naïve efficiency measurement model?

Cited in

(4)

• Accuracy of deterministic nonparametric frontier models with undesirable outputs
• Comparative performance of short-run capacity utilization measures
• Second-order cone programming approach to common set of weights in multiplicative network DEA model
• Which method prevails? Benchmarking missing data techniques in data envelopment analysis

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