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Author:Tsionas, E. G.
Title:Combining DEA and stochastic frontier models: an empirical Bayes approach
Journal:European Journal of Operational Research
2003 : JUN, VOL. 147:3, p. 499-510
Index terms:Operational research
Stochastic processes
Bayesian statistics
Monte Carlo technique
Language:eng
Abstract:The paper proposes to combine stochastic frontier model. These prior measures are revised to obtain posterior measures using Bayes' theorem. Monte Carlo methods are developed to perform empirical Bayes inference in the new model. The methods are organized around Gibbs sampling with data augmentation. The new techniques are illustrated in the context of efficiency measurement´in US airlines.
SCIMA record nr: 249849
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