讲座题目：Think outside the envelope – Efficiency bound estimation through Extreme Value Theory
讲座人：Dr. Tao Chen, University of Waterloo
We propose an Extreme Value Theory based local estimator to estimate the efficiency bound of physically attainable sets. Large sample theory is developed, and our estimator is so far the only one in the literature equipped with a consistent variance estimator, which is crucial for further inference. Both possible theoretical and empirical applications of this newly proposed estimator are also presented.