Imposing monotonicity on outputs in parametric distance function estimations
نویسندگان
چکیده
منابع مشابه
Imposing Monotonicity Nonparametrically in First-Price Auctions
Monotonicity of the equilibrium bidding strategy is a key property of structural auction models. Traditional nonparametric estimators provide a flexible means of uncovering salient features of auction data, but do not formally impose the monotonicity assumption that is inherent in the models during estimation. Here, we develop a nonparametric estimator which imposes the monotonicity assumption....
متن کاملOn monotonicity in parametric linear complementarity problems
This paper generalizes the answers that were given by R.W. Cottle to questions that were originally raised by G. Maier. Essentially, we give necessary and sufficient conditions for some notions of monotonicity of solutions for the parametric linear complementarity problem. Our proofs are direct ones and not algorithmic, as Cottle's proofs are, and also cover a broader class of matrices.
متن کاملImposing and Testing for Monotonicity Nonparametrically in First Price Auctions
Monotonicity of the equilibrium bidding strategy is a key property of structural auction models. Traditional nonparametric estimators provide a flexible means of uncovering salient features of auction data, but do not formally impose the monotonicity assumption that is inherent in the models they are trying to estimate. Here we develop a nonparametric estimator which imposes the monotonicity as...
متن کاملImposing Geologic Interpretations on Computer-Generated Contours Using Distance Transformations
Developing practical computer programs to impose geologic interpretations an computer-generated contours has proven to be difficult. Today, complex data transformation, tedious contour editing, or both are used to achieve that goal. This paper introduces a new program for incorporating high-quality geologic interpretations into computer contouring. The program is robust, easy to implement, and ...
متن کاملPRODUCTIVITY AND UNDESIRABLE OUTPUTS: A DIRECTIONAL DISTANCE FUNCTION APPROACH by
Undesirable outputs are often produced together with desirable. This joint production of good and bad outputs bring about a difficulty for productivity measurement. Here we introduce a directional distance function and use it as a component in a new productivity index. This index, as an empirical example shows, seems to solve the problem caused by the joint production of good and bad outputs. P...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Economics
سال: 2011
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036846.2010.493141