Directional Distance Functions and Rate-of-Return Regulation

This paper is concerned with formulating directional distance functions assuming that firms operate subject to rate-of-return regulation. To this end, we consider two different contexts. First, we assume that input prices are known, which allows us to extend the rate of return regulated version of F...

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Bibliographic Details
Main Authors: Juan Aparicio, Jesus T. Pastor
Format: Article
Language:English
Published: Asia University 2012-01-01
Series:Advances in Decision Sciences
Online Access:http://dx.doi.org/10.1155/2012/731497