Data Envelopment Analysis : Theory and Techniques for Economics and Operations Research

Subhash C. Ray

ISBN 10: 1107405262 / ISBN 13: 9781107405264

Published by Cambridge University Press, 2012

About this Item

Druck auf Anfrage Neuware - Printed after ordering - Using the neo-classical theory of production economics as the analytical framework, this book, first published in 2004, provides a unified and easily comprehensible, yet fairly rigorous, exposition of the core literature on data envelopment analysis (DEA) for readers based in different disciplines. The various DEA models are developed as nonparametric alternatives to the econometric models. Apart from the standard fare consisting of the basic input- and output-oriented DEA models formulated by Charnes, Cooper, and Rhodes, and Banker, Charnes, and Cooper, the book covers developments such as the directional distance function, free disposal hull (FDH) analysis, non-radial measures of efficiency, multiplier bounds, mergers and break-up of firms, and measurement of productivity change through the Malmquist total factor productivity index. The chapter on efficiency measurement using market prices provides the critical link between DEA and the neo-classical theory of a competitive firm. The book also covers several forms of stochastic DEA in detail.

Seller Inventory # 9781107405264

Bibliographic Details

• Title: Data Envelopment Analysis : Theory and Techniques for Economics and Operations Research
• Publisher: Cambridge University Press
• Publication Date: 2012
• Language: English
• ISBN 10: 1107405262
• ISBN 13: 9781107405264
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 229W x 152H x 20D millimeters 229 millimeters width by 152 millimeters height by 20 millimeters depth
• Weight: 530 grams

About this title

Synopsis

This book describes the method of data envelopment analysis that uses mathematical programming techniques to obtain measures of efficiency of individual forms from their observed input and output quantities. The method permits setting up realistic input-output targets for the firm's managers. A firm is considered to be technically inefficient when it fails to yield the maximum quantity of output producible from the input bundle it uses. Measurement of technical efficiency is important for performance evaluation and provides an objective basis for differential rewards in the context of production.

Book Description

A firm is considered to be technically inefficient when it fails to yield the maximum quantity of output producible from the input bundle it uses. Measurement of technical efficiency is important for performance evaluation and provides an objective basis for differential rewards in the context of production. This book deals with the method of data envelopment analysis that uses mathematical programming techniques to obtain measures of efficiency of individual forms from their observed input and output quantities. This permits setting up realistic input-output targets for the firms' managers.