Construct · 1 fields · 1 citations

stochastic frontier analysis: a standalone construct

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Operations research

estimating a production frontier while splitting deviations from it into random noise and inefficiency.

In operations research, stochastic frontier analysis refers to estimating a production frontier while splitting deviations from it into random noise and inefficiency. This meaning comes from Aigner (1977) in Journal of Econometrics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

frontier3 fields · 6 citationsjingle · one word, three constructs noise4 fields · 5 citationsjingle · one word, four constructs operation1 fields · 1 citationsanchor · a standalone construct

References

Aigner, D., Lovell, C. A. K., & Schmidt, P. (1977). Formulation and estimation of stochastic frontier production function models. Journal of Econometrics, 6(1), 21-37. https://doi.org/10.1016/0304-4076(77)90052-5

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