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Alecos Papadopoulos () and Christopher F. Parmeter ()
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Alecos Papadopoulos: Athens University of Economics and Business
Christopher F. Parmeter: University of Miami

Chapter Chapter 3 in Two-Tier Stochastic Frontier Analysis for the Social Sciences, 2025, pp 57-71 from Springer

Abstract: Abstract This chapter develops the theoretical 2TSF model for the effects of incomplete information on both sides of a market. We show how it links to the abstract definition of a two-tier frontier and proceed to derive the corresponding empirical model. We apply the model to the housing market.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-81513-3_3

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DOI: 10.1007/978-3-031-81513-3_3

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