Adopting a profit-based approach to the estimation of the technical efficiency of South Korean banks over the 2007Q3 to 2011Q2 period, we systematically analyse, within a non-parametric DEA analysis, how the choice of risk management control variable impacts upon such estimates. Using the model...

In the light of the UK Government's call for efficiency savings across all departments, including the Criminal Justice System, this paper attempts to shed some light on how cost savings can best be secured in the running of Young Offender Institutions (YOIs) in England and Wales. It does this by...