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Springer Efficiency Analysis by Production Frontiers - Nonparametric Approach

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Description

This comprehensive monograph by Springer addresses the critical challenge of measuring productive efficiency for nonprofit organisations through nonparametric production frontier methods. Spanning theory and practical application, the work examines four major areas essential to understanding efficiency analysis: stochastic frontier theory, data envelopment analysis, clustering and estimation theory, and economic and managerial applications. Written for applied researchers, economists, statisticians, and management science professionals, this book integrates econometric techniques with real-world case studies to demonstrate how production frontier analysis can improve organisational performance. The nonparametric approach offers flexibility and rigour without requiring restrictive assumptions about underlying data distributions, making it invaluable for evaluating efficiency across diverse sectors and institutional types. Part of the Theory and Decision Library series, this volume provides both foundational concepts and advanced methodologies for anyone seeking to understand and implement frontier analysis in practice.

Key Features

Stochastic frontier theory section explains probabilistic approaches to measuring production efficiency and handling economic inefficiency.

Data envelopment analysis methods enable researchers to benchmark organisational performance against optimal production frontiers without parametric assumptions.

Clustering and estimation theory chapters cover statistical techniques for grouping similar production units and deriving robust efficiency estimates.

Economic and managerial applications demonstrate real-world implementation across nonprofit organisations, government agencies, and private sector enterprises.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
05 October 2011
Listed Since
21 December 2012

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