A growing community of long time horizon institutional investors that includes sovereign wealth funds, pension funds, and other beneficiary institutions located in cities outside of the major international financial centers (IFCs), is pushing back against the misaligned incentives and power asymmetries present in the for-profit asset management industry. This expanding group of beneficiary inst...

In the use of peer group data to assess individual, typical or best practice performance, the effective detection of outliers is critical for achieving useful results, particularly for two-stage analyses. In the DEA-related literature, prior work on this issue has focused on the efficient frontier as a basis for detecting outliers. An iterative approach for dealing with the potential for one ou...

How to search the space of programs for a code that solves a given problem? Standard asymptotically optimal Universal Search orders programs by Levin complexity, implementing an exponential trade-off between program length and runtime. Depending on the problem, however, sometimes we may have a good reason to greatly favor short programs over fast ones, or vice versa. Frontier Search is a novel ...

Researchers of regional and international productivity comparisons are increasingly adopting various frontier approaches to examine convergence and the possible causes of productivity differences. We argue that economy-wide technology frontiers estimated with aggregate measures of output are downward biased. This bias extends not only to estimates of the technology frontier, but also produces i...

sergentomyia (sintonius) clydei (sinton) is for the first time recorded from the endemic localities of cutaneous leishmaniasis in sindh, punjab and n.w.f province (pakistan). in view of the published reports about the detection of encephalitis viruses from the species of the genus sergentomyia franca & theodor from the indian localities and their possible role in kala-azar transmission, the cor...

abstract quantitative analysis of production through evaluating the level of factor usage is a major part in agricultural management, which aims at increasing production by optimum usage of resources. this study has estimated and analyzed stochastic frontier production function and calculated technical efficiency of semi-mechanized broiler farms located in gorgan district. the survey data were ...

In this paper we develop an approach that synthesizes the best features of the two main methods in the estimation of production efficiency. Specically, our approach first allows for statistical noise, similar to Stochastic frontier analysis, and second, it allows modeling multiple-inputs-multiple-outputs technologies without imposing parametric assumptions on production relationship, similar to...