Paradi, Joseph; Asmild, Mette; Simak, Paul - In: Journal of Productivity Analysis 21 (2004) 2, pp. 153-165
The purpose of this paper is to introduce the concept of worst practice DEA, which aims at identifying worst performers by placing them on the frontier. This is particularly relevant for our application to credit risk evaluation, but this also has general relevance since the worst performers are...