DEA based yardstick competition in natural resource management

In this paper, we discuss the pros and cons of using Data Envelopment Analysis (DEA) to evaluate and enhance the efficiency of natural resource management. The need for a multidimensional production frontier approach is sketched, along with examples from other regulated multi-output industries, Also, reviews of the basic properties of DEA and DEA based yardstick competition are provided. Finally, we discuss the use of DEA based yardstick to evaluate bids in multi-dimensional procurement auctions.

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Year of publication:	2003-02
Authors:	Bogetoft, Peter ; Nielsen, Kurt
Institutions:	Australian Agricultural and Resource Economics Society - AARES
Subject:	Regulation \| incentives \| performance evaluation \| yardstick competition \| data envelopment analysis (DEA) \| Research Methods/ Statistical Methods \| Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	2003 Conference (47th), February 12-14, 2003, Fremantle, Australia.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia Number 57928
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008519261