Bayesian estimation of stochastic metafrontiers
Year: 2025
Type: article
Abstract: This paper presents a Bayesian method for estimating a hierarchical panel data stochastic frontier model for metafrontier analysis. It uses Bayesian simulation-based inference and user-friendly software, requiring minimal coding. Applications to simulated and real data confirm the model’s reliability.
Source: Economics Letters
Author: Ioannis Skevas
Institution: University of Macedonia
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,030
OpenAlex ID: W4410065215
