Maximum Likelihood, Consistency and Data Envelopment Analysis: A Statistical Foundation

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Rajiv D. Banker;
  • Journal: Management Science,volume 39,issue 10 October,pages1,265-1,273
  • Related identifiers: doi: 10.1287/mnsc.39.10.1265
  • Subject: data envelopment analysis, production frontier, nonparametric estimation, maximum likelihood estimates, consistency, hypothesis tests

This paper provides a formal statistical basis for the efficiency evaluation techniques of data envelopment analysis (DEA). DEA estimators of the best practice monotone increasing and concave production function are shown to be also maximum likelihood estimators if the ... View more
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