MULTIPLE COMPARISONS WITH THE BEST: BAYESIAN PRECISION MEASURES OF EFFICIENCY RANKINGS



Table 2: Time-Persistent Technical Efficiency Score by Firm

Utility

Tech. Eff. Score

Gibbs
Efficiency
Grouping

MCB

Eff. Set

1

0.279544

4

11

0.309533

4

10

0.335788

4

9

0.357404

4

13

0.410859

3

*

16

0.421139

3

*

2

0.437480

3

12

0.439326

3

27

0.441344

3

17

0.445462

3

*

3

0.452934

3

22

0.484653

3

34

0.487115

3

*

35

0.492744

3

*

41

0.496442

3

*

8

0.497090

3

*

33

0.501968

3

6

0.511428

3

*

32

0.511551

3

*

20

0.513567

3

*

4

0.533391

3

18

0.536600

2

*

42

0.536890

3

*

39

0.537757

2

*

21

0.554688

2

43

0.558791

2

*

30

0.569756

2

14

0.584080

2

*

36

0.590789

2

*

5

0.600555

2

7

0.602033

2

*

40

0.610420

2

*

25

0.611875

2

*

37

0.614052

2

*

38

0.654482

2

*

23

0.665528

2

*

28

0.685584

1

*

15

0.713970

1

*

26

0.768943

1

*

24

0.770113

1

*

29

0.826387

1

*

19

0.851807

1

*

31

0.911533

1

*

Wtd. Avg.

0.551567

33



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