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



Figure 1: Technical Efficiency Rankings

Efficiency Score for each Firm

0.0   0.1   0.2   0.3   0.4   0.5   0.6   0.7   0.8   0.9   1.0

Firm (Group) 1---------1---------1---------1---------1---------1---------1---------1---------1---------1---------1

1(4) -----------------

11(4) ------------------

10(4) --------------------

9(4) ---------------------

13(3) ------------------------

16(3) -------------------------

2(3) --------------------------

12(3) --------------------------

27(3) --------------------------

10(3) ---------------------------

3(3) ---------------------------

22(3) ----------------------------

34(3) -----------------------------

35(3) -----------------------------

41(3) ----------------------------

8(3) ------------------------------

33(3) ------------------------------

6(3) ------------------------------

32(3) ------------------------------

20(3) ------------------------------

4(3) -------------------------------

18(2) --------------------------------

42(3) -------------------------------

39(2) --------------------------------

21(2) ---------------------------------

43(2) --------------------------------

30(2) ----------------------------------

14(2) ----------------------------------

36(2) -----------------------------------

5(2) ------------------------------------

7(2) ------------------------------------

40(2) -----------------------------------

25(2) ------------------------------------

37(2) ------------------------------------

38(2) ---------------------------------------

23(2) ----------------------------------------

28(1) -----------------------------------------

15(1) ------------------------------------------

26(1) ----------------------------------------------

24(1) ----------------------------------------------

29(1) -------------------------------------------------

19(1) ---------------------------------------------------

31(1) ------------------------------------------------------

35



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