Estimating output gains by means of Luenberger efficiency measures

Article Abstract:

A method of measuring input allocative efficiency using directional distance functions is presented. The method compares the gain in output of a firm if it reduces its technical inefficiency in direct and indirect production possibility sets. An estimate of efficiency of Japanese banks during 1992-1999 reveals that gains in output from reducing allocative inefficiency are greater than the gains from reduction of technical inefficiency.

Japan, Production Management, Usage, Resource allocation, Functions (Mathematics), Functional equations, Functions

---

Inner and outer approximations of technology: a data envelopment analysis approach

Article Abstract:

Outer approximation is found to be the intersection of the half spaces associated with a production technology. It is also an outer approximation to the nonconvex free disposable hull technology. The convex free disposable hull of the input output data, which contains an increasing amount of economic information about the signs of prices and profits, is the inner approximation.

Operations Research, Profit, Profits

---

Returns to scale and scale elasticity in data envelopment analysis

Article Abstract:

Issues are presented concerning an analysis of the mathematical characterizations of scale elasticity, which have been based on the data envelopment analysis, for frontier and nonfrontier units.

Pricing

Similar abstracts:

• Abstracts: Playing the waiting game. The importance of being earnest. M&As profit from growth
• Abstracts: Burnett gains Gain in N.A. Leo Burnett. P&G puts Physique focus online
• Abstracts: Robust responses to climate change via stochastic MARKAL: the case of Quebec. Pure competition, regulated and Stackelberg equilibria: application to the energy system of Quebec

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.