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Linear programming formulations for piecewise loglinear estimation of efficient production surfaces are derived from a set of basic properties postulated for the underlying production possibility sets. Unlike the piecewise linear model of Banker, Charnes, and Cooper (Banker R. D., A. Charnes, W....
Persistent link: https://www.econbiz.de/10009209160
In a recent paper, Golany (1988) proposes an interesting extension of Data Envelopment Analysis to the situation where ordinal relations among weights corresponding to certain dimensions exist. However, the development of the extended model contains mathematical errors and the proposed...
Persistent link: https://www.econbiz.de/10009209358
This paper is concerned with the problem of resource allocation and target setting in the provision of public services. The paper develops a network-based representation of multilevel resource management with equity, efficiency, and effectiveness being recognised as the fundamental objectives of...
Persistent link: https://www.econbiz.de/10009214206
A school may be viewed as an enterprise in which the professional staff provide the operating conditions for converting quantifiable resources or inputs into pupil learning (outputs). The resources are determined by budgets, teacher assignments, and student assignments while learning is...
Persistent link: https://www.econbiz.de/10009214297
This article discusses whether the Japanese government should break up NTT (Nippon Telegraph & Telephone) in 1995, as the U.S. federal government compelled AT&T (American Telephone & Telegram) to break itself into toll and local telephone companies in 1984. The divestiture of NTT has long been a...
Persistent link: https://www.econbiz.de/10009214440
Data envelopment analysis (DEA) is a method for assessing the comparative efficiencies of decision making units (e.g., banks and schools) by relating their output to their input levels. Restrictions are often imposed in these assessments to reflect prior judgments on the values of input and/or...
Persistent link: https://www.econbiz.de/10009214772
In this paper we characterize the smallest production possibility set that contains a specified set of (input, output) combinations. In accordance with neoclassical production economics, this possibility set has convex projections into the input and output spaces (convex isoquants), and it...
Persistent link: https://www.econbiz.de/10009218096
We develop a procedure and the requisite theory for incorporating preference information in a novel way in the efficiency analysis of Decision Making Units. The efficiency of Decision Making Units is defined in the spirit of Data Envelopment Analysis (DEA), complemented with Decision Maker's...
Persistent link: https://www.econbiz.de/10009218228
Data Envelopment Analysis (DEA) evaluates the efficiency of Decision Making Units without imposing a priori weights on the input and output dimensions involved. This Note extends DEA to situations where ordinal relations among weights corresponding to certain dimensions exist. The extended model...
Persistent link: https://www.econbiz.de/10009218248
This article discusses the concept of RTS (Returns To Scale) in the framework of DEA (Data Envelopment Analysis) production and cost analyses, focusing on an occurrence of multiple solutions and how to deal with such a difficulty. Dual relationships between production-based and cost-based RTS...
Persistent link: https://www.econbiz.de/10009218325