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Measuring productive efficiency is an important research strand within fields of economics, management science and operations research. One definition of efficiency is the proportional scaling needed for observations of an inefficient unit to be projected onto an efficient production function...
Persistent link: https://www.econbiz.de/10008840192
Attempts can be found in the DEA literature to identify returns to scale at efficient interior points of the production possibility set on the basis of returns to scale at points of the corresponding reference sets. However, an opposite approach is put forward in this paper, advocating that...
Persistent link: https://www.econbiz.de/10003865843
Persistent link: https://www.econbiz.de/10001618743
We propose a new class of knapsack problems by assiuning that the sizes of the items to be put into a knapsack are known to be elements 0f a given subset S of the positive integers Z'^. The set S is treated as a parameter. We show that the family of knapsack problems obtained by varying the...
Persistent link: https://www.econbiz.de/10014046436
In der Aussenhandelstheorie wird das Angebot und die Nachfrage mit Hilfe der Dualitaetstheorie abgebildet. Dabei wird auf nationaler Ebene das Problem der Erloesmaximierung untersucht, wobei die nationalen Faktorbestaende und die Produktionstechnologien der einzelnen Unternehmen gegeben sind....
Persistent link: https://www.econbiz.de/10011525414
In standard microeconomic theory, short-run and long-run marginal costs are equal for production equipment with adjusted capacity. When the production of joint products from interdependent equipment is modeled with a linear program, this equality is no longer verified. The short-run marginal...
Persistent link: https://www.econbiz.de/10012765357
Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound...
Persistent link: https://www.econbiz.de/10010530534
Conventional data envelopment analysis (DEA) for measuring the relative efficiency of a set of decision-making units (DMUs) requires the observations to have precise values. When observations are imprecise and represented by interval values, the efficiencies are also expected to reflect interval...
Persistent link: https://www.econbiz.de/10014042568
This paper focuses on the construction of a composite indicator for the knowledge based economy using imprecise data. Specifically, for some indicators we only have information on the bounds of the interval within which the true value is believed to lie. The proposed approach is based on a...
Persistent link: https://www.econbiz.de/10014204553
Some inadequate results may appear in the DEA models as in any other mathematical model. In the DEA scientific literature several methods were proposed to deal with these difficulties. In our previous paper, we introduced the notion of terminal units. It was also substantiated that only terminal...
Persistent link: https://www.econbiz.de/10011585129