A decomposition of profit inefficiency into price expectation error, preferences towards risk and technical inefficiency
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References listed on IDEAS
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More about this item
KeywordsProfit Inefficiency; Allocative Inefficiency; Technical Inefficiency; Risk Preference; Risk Aversion; Data Envelopment Analysis; Robust DEA;
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-EFF-2012-04-17 (Efficiency & Productivity)
- NEP-UPT-2012-04-17 (Utility Models & Prospect Theory)
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