Directional Distance Functions and Rate-of-Return Regulation
Joint Authors
Pastor, Jesus T.
Aparicio, Juan
Source
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-07-09
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Economics & Business Administration
Business Administration
Abstract EN
This paper is concerned with formulating directional distance functions assuming that firms operate subject to rate-of-return regulation.
To this end, we consider two different contexts.
First, we assume that input prices are known, which allows us to extend the rate of return regulated version of Farrell efficiency.
Secondly, we assume that input prices are unknown, showing then that a specific reference direction arises as a natural choice for measuring efficiency with directional distance functions.
American Psychological Association (APA)
Aparicio, Juan& Pastor, Jesus T.. 2012. Directional Distance Functions and Rate-of-Return Regulation. Advances in Decision Sciences،Vol. 2012, no. 2012, pp.1-11.
https://search.emarefa.net/detail/BIM-494215
Modern Language Association (MLA)
Aparicio, Juan& Pastor, Jesus T.. Directional Distance Functions and Rate-of-Return Regulation. Advances in Decision Sciences No. 2012 (2012), pp.1-11.
https://search.emarefa.net/detail/BIM-494215
American Medical Association (AMA)
Aparicio, Juan& Pastor, Jesus T.. Directional Distance Functions and Rate-of-Return Regulation. Advances in Decision Sciences. 2012. Vol. 2012, no. 2012, pp.1-11.
https://search.emarefa.net/detail/BIM-494215
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-494215