Allocative efficiency measurement with endogenous prices

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 111
Issue: 1
Pages: 81-83

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the nonparametric measurement of allocative efficiency, output prices are fixed. If prices are endogenous, the overall output in the market determines the allocative efficient point. We develop an alternative semi-nonparametric model that allows prices to be endogenously determined.

Technical Details

RePEc Handle
repec:eee:ecolet:v:111:y:2011:i:1:p:81-83
Journal Field
General
Author Count
2
Added to Database
2026-01-25