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Stochastic Frontiers and Asymmetric Information Models

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Author Info
Gagnepain, P.
Ivaldi, M.

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Abstract

This article suggests that the global inefficiency which generally affects a production process is endogenous and depends on the incentives generated by the process environment. We propose to treat the usual correlation between the inefficiency and the regressors of the production frontier through the economic constraints that interfere on the activity of the producer.

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Publisher Info
Paper provided by Toulouse - GREMAQ in its series Papers with number 98.503.

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Length: 21 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:gremaq:98.503

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Related research
Keywords: ASYMETRIC INFORMATION ; REGULATION ; TRANSPORT ; ECONOMIC MODELS;

Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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  1. Bruno De Borger & Kristiaan Kerstens & Matthias Staat, 2008. "Transit Costs and Cost Efficiency: Bootstrapping Nonparametric Frontiers," Working Papers 2008-ECO-08, IESEG School of Management. [Downloadable!]
  2. De Borger B. & Kerstens K. & Staat M., 2008. "Transit costs and cost efficiency: bootstrapping non-parametric frontiers," Working Papers 2008012, University of Antwerp, Faculty of Applied Economics. [Downloadable!]
    Other versions:
  3. Guerino Ardizzi, 2003. "Cost efficiency in the retail payment networks: first evidence from the Italian credit card system," Temi di discussione (Economic working papers) 480, Bank of Italy, Economic Research Department. [Downloadable!]
  4. Beniamina Margari & Fabrizio Erbetta & Carmelo Petraglia & Massimiliano Piacenza, 2007. "Regulatory and environmental effects on public transit efficiency: a mixed DEA-SFA approach," Journal of Regulatory Economics, Springer, vol. 32(2), pages 131-151, October. [Downloadable!] (restricted)
    Other versions:
  5. Gagnepain, Philippe & MarĂ­n Uribe, Pedro Luis, 2004. "Regulation and Incentives in European Aviation," CEPR Discussion Papers 4318, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
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This page was last updated on 2009-11-20.


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