Estimation of cost efficiency without cost data

被引：8

作者：

Kutlu, Levent ^{[1
]}

Wang, Ran ^{[2
]}

机构：

[1] Georgia Inst Technol, Sch Econ, Atlanta, GA 30332 USA

[2] SunTrust Bank, 303 Peachtree St NE, Atlanta, GA USA

来源：

JOURNAL OF PRODUCTIVITY ANALYSIS | 2018年 / 49卷 / 2-3期

关键词：

Market power; Conduct parameter; Efficiency; Stochastic frontier analysis; Airlines; STOCHASTIC FRONTIER MODELS; STATES AIRLINE INDUSTRY; MARKET POWER; ENDOGENOUS REGRESSORS; PRICE DISPERSION; LIKELIHOOD ESTIMATION; COMPETITION; CONDUCT; INEFFICIENCY; OLIGOPOLY;

D O I：

10.1007/s11123-018-0527-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

One of the advantages of conduct parameter games is that they enable estimation of market power without total cost data. In line with this, we develop a conduct parameter based model to estimate the firm specific "marginal cost efficiency" and conduct without using total cost data. The marginal cost efficiency is an alternative measure of efficiency that is based on deadweight loss. We illustrate our methodology by estimating firm-route-quarter specific conducts and marginal cost efficiencies of U.S. airlines for Chicago based routes without using route-level total cost data.

引用

页码：137 / 151

页数：15

共 50 条

[21] Cost efficiency measures in data envelopment analysis with data uncertainty
Mostafaee, A.
Saljooghi, F. H.
[J]. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2010, 202 (02) : 595 - 603
[22] A comment on "cost efficiency in data envelopment analysis with data uncertainty"
Fang, Lei
Li, Hecheng
[J]. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2012, 220 (02) : 588 - 590
[23] THE COST OF EFFICIENCY
不详
[J]. LANCET, 1987, 2 (8563): : 868 - 868
[24] Estimation of the cost of afforestation by the cost analysis
Yaguchi, Tokiya
Sato, Takayuki
Takagi, Masato
Okamura, Shigehiro
[J]. Kami Pa Gikyoshi/Japan Tappi Journal, 2007, 61 (05): : 52 - 64
[25] COST ESTIMATION
不详
[J]. GROUND WATER AGE, 1976, 10 (05): : 23 - &
[26] Measuring hospital cost efficiency with panel data models
Linna, M
[J]. HEALTH ECONOMICS, 1998, 7 (05) : 415 - 427
[27] Estimation of Cost Efficiency in Non-parametric Frontier Models
Besstremyannaya, G.
Simm, J.
[J]. VESTNIK SANKT-PETERBURGSKOGO UNIVERSITETA-EKONOMIKA-ST PETERSBURG UNIVERSITY JOURNAL OF ECONOMIC STUDIES, 2019, 35 (01): : 3 - 21
[28] Productivity and efficiency estimation: A semiparametric stochastic cost frontier approach
Sun, Kai
Kumbhakar, Subal C.
Tveteras, Ragnar
[J]. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2015, 245 (01) : 194 - 202
[29] A panel data design for estimation of hospital cost functions
Carey, K
[J]. REVIEW OF ECONOMICS AND STATISTICS, 1997, 79 (03) : 443 - 453
[30] Static Cost Estimation for Data Layout Selection on GPUs
Peng, Yuhan
Grossman, Max
Sarkar, Vivek
[J]. PROCEEDINGS OF PMBS 2016: 7TH INTERNATIONAL WORKSHOP ON PERFORMANCE MODELING, BENCHMARKING AND SIMULATION OF HIGH PERFORMANCE COMPUTING SYSTEMS, 2016, : 76 - 86

← 1 2 3 4 5 →