In a Data Envelopment Analysis model, some of the weights used to compute the efficiency of a unit can have zero or negligible value despite of the importance of the corresponding input or output. This paper offers an approach to preventing inputs and outputs from being ignored in the DEA...

In the wake of widespread privatisations of publicly owned utilities such as water, gas, electricity and telecommunications providers, regulatory systems have evolved to protect consumers from the often local monopoly or oligopoly power such organisations enjoy. Economic regulators impose inter...

This book presents selected proceedings of DEA45: International Conference on Data Envelopment Analysis, which was held September 4-6, 2023, at Surrey Business School, University of Surrey, Guildford, UK. It contains theoretical and empirical papers on Data Envelopment Analysis (DEA) and related...

This paper proposes an approach to compute cost efficiency in contexts where units can adjust input quantities and to some degree prices so that through their joint determination they can minimise the aggregate cost of the outputs they secure. The model developed is based on the data envelopment...

We compare, using data envelopment analysis (DEA), the performance of Islamic and conventional banks prior to, during and immediately after the 2008 financial crisis (2004-2009). There is no significant difference in mean efficiency between conventional and Islamic banks when efficiency is...

We discuss the nonparametric approach to profit efficiency analysis at the firm and industry levels in the absence of complete price information, and propose two new insights. First, choosing one commodity (whose price is known) as a numeraire good enables us to measure profit inefficiency in...

Data Envelopment Analysis (DEA) is a linear programming based method for evaluating performance of comparable production units such as firms. Although the method is already extensively applied in many areas of economics, its use in environmental economics and related fields remains limited. The...