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Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new …
Persistent link: https://www.econbiz.de/10010284240
Decision-based production theory is a generalization of traditional production theories developed in order to integrate concerns of modern management science and economics, such as sustainability and environmental protection. The main idea is the distinction of technologically determined inputs...
Persistent link: https://www.econbiz.de/10012967470
The growing complexity and intertwining of different socio-economic issues both in individual countries and internationally mean that single-theme analyses do not consider all the relationships and thus have cognitive limitations. Therefore, studies that combine several research areas are...
Persistent link: https://www.econbiz.de/10014264625
Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...
Persistent link: https://www.econbiz.de/10011343085
-competitive environment for the water companies. The benchmarking results are used to set an individual revenue cap for each company. The … benchmarking model is currently criticized for not including the companies’ supply quality and thereby has an omitted variable bias …. One problem the regulator has encountered is that incorporating supply quality in the benchmarking model tends to increase …
Persistent link: https://www.econbiz.de/10012308535
Despite the growing literature on bank efficiency worldwide over the last decade, researchers have neglected the Peruvian banking sector. In this paper, the technique of data envelopment analysis (DEA) is used to investigate the efficiency of Peruvian banks for the period 2000 to 2009 to...
Persistent link: https://www.econbiz.de/10013114085
Data Envelopment Analysis (DEA) is often used by regulators to create a pseudo-competitive environment for sectors with natural monopolies. In addition to develop a theoretically well-behaved model, regulators need to take into account several other factors, such as the political agenda and the...
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