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Over the years, a large number of indexes of technological inefficiency have been specified, and a spate of papers has examined the properties satisfied by these indexes. This paper approaches the subject more synthetically, presenting generic results on classes of indexes and their properties....
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We provide an axiomatic foundation for efficiency measurement in the full space, referred to as "graph efficiency" measurement by Färe, Grosskopf, and Lovell [1985]. We posit four types of axioms: indication, monotonicity, independence of units of measurement, and continuity. We analyze six...
Persistent link: https://www.econbiz.de/10014046424
We provide an axiomatic foundation for efficiency measurement in the full space, referred to as “graph efficiency” measurement by Färe, Grosskopf, and Lovell [1985]. We posit four types of axioms: indication, monotonicity, independence of units of measurement, and continuity. We analyze six...
Persistent link: https://www.econbiz.de/10004984671
Dmitruk and Koshevoy [1991 JET] provided a complete characterization of the class of technologies for which there exists an efficiency index satisfying the Fare-Lovell [1978 JET] axioms. The technologies implicit in the standard mathematical-programming methods of measuring efficiency, data...
Persistent link: https://www.econbiz.de/10005135158