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Previous studies have documented that Data Envelopment Analysis(DEA) could be a good tool to evaluate fund performance,especially the performance of hedge funds as it can incorporatemultiple risk-return attributes characterizing hedge fund's nonnormal return distribution in an unique performance...
Persistent link: https://www.econbiz.de/10008791478
The hotel industry rhythms appear as a hindrance to staff loyalty and female careers development. However, two hotel networks of the Accor group, Etap Hotel and Formule 1 stand out from this general pattern with a presence of female managers (38% of managers). This case incites to wonder about...
Persistent link: https://www.econbiz.de/10008791115
contrasts them to the idea of the firm as an enterprise entity. The latter implies a comprehensive approach that integrates …
Persistent link: https://www.econbiz.de/10008790526
This paper aims to analyze hedge fund index behavior over the 9-year period ranging from January 1994 to December 2002 with help of various statistical measures. The results indicate that hedge fund returns are not normally distributed and exhibit first order autocorrelation, a phenomenon known...
Persistent link: https://www.econbiz.de/10008793593
Using a unique data set with 168 ski resorts located in France, this paper investigates the relationship between lift ticket prices and supply-related characteristics of ski resorts. A nonparametric analysis combined with a principal component analysis is used to identify the set of efficient...
Persistent link: https://www.econbiz.de/10010899389
Concerns have been raisedabout the decreased ability of Wikipedia to recruit editors and in to harness the effort of contributors to create new articles and improve existing articles. But, as Marwell & Oliver explained,in collective projects, in the initial stage of the project, people are few...
Persistent link: https://www.econbiz.de/10010820569
Using a unique data set with 168 ski resorts located in France, this paper investigates the relationship between lift ticket prices and supply-related characteristics of ski resorts. A non-parametric analysis combined with a principal component analysis is used to identify the set of efficient...
Persistent link: https://www.econbiz.de/10010821392
En intégrant la variable technologique, cet article décline les concepts d'" X Efficiency " et de " performance productive ". En recourant à l'axiomatique DEA, appliquée au secteur bancaire, les auteurs évaluent la productivité administrative de l'activité " Accueil guichet " de 42 agences.
Persistent link: https://www.econbiz.de/10008924868
In the rural health-care organization of China, township hospitals ensure the delivery of basic medical services. Particularly damaged by the economic reforms implemented from 1975 to the end of the 1990s, township hospitals efficiency is questioned, mainly with the implementation since 2003 of...
Persistent link: https://www.econbiz.de/10009001268
This paper aims to show that Data Envelopment Analysis (DEA) is an efficient tool to assist investors in multiple criteria decision-making tasks like assessing hedge fund performance. DEA has the merit of offering investors the possibility to consider simultaneously multiple evaluation criteria...
Persistent link: https://www.econbiz.de/10008794389