Performance evaluation in conventional data envelopment analysis (DEA) requires crisp numerical values. However, the observed values of the input and output data in real-world problems are often imprecise or vague. These imprecise and vague data can be represented by linguistic terms...

Radial and non-radial DEA models are distinguished on the basis of the presence of slacks. Viewing slacks as a possible source of inefficiency, this paper makes an empirical attempt to assess the relative strengths of these two sets of models in examining the total factor productivity change and...

This paper empirically examines the different variants of data envelopment analysis (DEA) models to select the large cap market securities in India in both constant and variable returns to scale environments. The results of this exercise are summarized as follows. First, there is a fall in...

The objective of this paper is to discuss the use of modern frontier efficiency analysis to analyze firm performance in the insurance industry. The objective is to provide the foundations for insurance economists to use in adapting their research to incorporate the frontier efficiency approach....

This study employs data on small businesses from the Office of Advocacy for the U.S. Small Business Administration along with the FDIC Call Report data for U.S. commercial banks. We examine the efficiency of the impact of the financial inputs on small business entrepreneurial output. Our study...

The recent period of crisis in credit markets has highlighted the crucial role of bank risk taking. Our paper assesses the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking industry between 1995 and 2007. Our results support the bad...

Performance in retailing is usually evaluated by routine use of ratio analysis, but due to the univariate nature of this simple management tool there are many drawbacks to the obtained results. Therefore, the aim of this study is to demonstrate successful employment of parametric and...

This paper analyses region-level technical efficiency in the European Union over the 1995 to 2007 period. We propose the application of a nonparametric conditional frontier methodology to account for the presence of geographical externalities that are beyond the control of regional authorities....

This paper presents a stochastic frontier model with random inefficiency parameters which captures the influence of risk-taking on bank efficiency and distinguishes the effects among banks with different characteristics. The model is fitted to a 10-year sample of Colombian banks. Cost and profit...

This paper aims to achieve two targets. First, using balanced panel data from 2008 to 2017 it compares the cost efficiencies between US and Canadian commercial banks to examine whether structural differences in the two countries' banking industries create differences in efficiencies. Since...