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Data Envelopment Analysis - Theory and Techniques for Economics and Operations Research (Paperback)
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Data Envelopment Analysis - Theory and Techniques for Economics and Operations Research (Paperback)
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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.
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