Anderson, Randy I.; Fok, Robert; Zumpano, Leonard V.; … - In: Journal of Real Estate Research 16 (1998) 2, pp. 139-158
This article measures overall, allocative, technical, pure technical and scale efficiency levels for a sample of residential real estate brokerage firms using data envelopment analysis, a linear-programming technique. The results suggest that real estate brokerage firms operate inefficiently....
