Downloads provided by UsageCounts
handle: 10016/2823 , 10067/101350151162165141
A Bayesian approach to estimation, prediction and model comparison in composed error production models is presented. A broad range of distributions on the inefficiency term define the contending models, which can either be treated separately or pooled. Posterior results are derived for the individual efficiencies as well as for the parameters, and the differences with the usual sampling-theory approach are highlighted. The required numerical integrations are handled by Monte Carlo methods with Importance Sampling, and an empirical example illustrates the procedures.
mixing of models, estimation, Composed error models, Bayesian inference, numerical integrations, Monte Carlo methods, Probabilistic methods, stochastic differential equations, prediction, Efficiency, Economía, importance sampling, Prior elicitation, efficiency, model comparison, Production frontier, Applications of statistics to economics, empirical example, prior elicitation, composed error production models
mixing of models, estimation, Composed error models, Bayesian inference, numerical integrations, Monte Carlo methods, Probabilistic methods, stochastic differential equations, prediction, Efficiency, Economía, importance sampling, Prior elicitation, efficiency, model comparison, Production frontier, Applications of statistics to economics, empirical example, prior elicitation, composed error production models
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 0 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
| views | 6 | |
| downloads | 36 |

Views provided by UsageCounts
Downloads provided by UsageCounts