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In this paper, we examine how empirical production frontiers may contribute to the incentives of production units. We consider a series of Data Envelopment Analysis (DEA) frontiers, and we show when these may be incentive efficient in the sense that they contain all the information that are...
Persistent link: https://www.econbiz.de/10009214306
We suggest a decision support approach, Balanced Benchmarking that combines Balanced Scorecard (BSC) and Interactive Benchmarking. A successful BSC implementation requires a theoretical and operational sound foundation for the key measures. This foundation may be constructed using Interactive...
Persistent link: https://www.econbiz.de/10010669233
Super efficiency evaluations are introduced along the lines of the potential improvements approach in Bogetoft and Hougaard (1999). Both a reference selection and a related super efficiency index is defined. The new (potential slack) super efficiency index is compared to a Farrell-based super...
Persistent link: https://www.econbiz.de/10005803616
Persistent link: https://www.econbiz.de/10008776574
Efficiency evaluation of a Decision Making Unit (DMU) involves two issues: 1) selection of an appropriate reference plan against which to evaluate the DMU and 2) measurement of performance slack. In the literature, these issues are mixed in one and the same operation but we argue that it has...
Persistent link: https://www.econbiz.de/10011154941