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Open AccessStatistical inference for Hicks–Moorsteen productivity indices
The statistical framework for the Malmquist productivity index (MPI) is now well-developed and emphasizes the importance of developing such a framework for its alternatives. In this paper, we try to fill this ...
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Open AccessGeneralized theory for measuring efficiency of individuals and groups
We present a cohesive generalized framework for an aggregation of the Nerlovian profit indicators and of the directional distance functions, frequently used in productivity and efficiency analysis in operation...
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Sequential data envelopment analysis
We consider a new class of Data Envelopment Analysis (DEA) modeling, which we call ‘sequential DEA’. This new approach is a relatively simple generalization of the standard and popular in practice DEA. It allo...
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Aggregation of Outputs and Inputs for DEA Analysis of Hospital Efficiency: Economics, Operations Research and Data Science Perspectives
Data envelopment analysis (DEA) has been widely recognised as a powerful tool for performance analysis over the last four decades. The application of DEA in empirical works, however, has become more challengin...
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How relevant is the choice of risk management control variable to non-parametric bank profit efficiency analysis? The case of South Korean banks
Adopting a profit-based approach to the estimation of the efficiency of South Korean banks over the 2007Q3 to 2011Q2 period, we systematically analyse, within a non-parametric DEA analysis, how the choice of r...
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Pricing of decision-making units under non-constant returns to scale
In this article, we revisit a recent work on pricing decision-making units by Färe et al (2013) and extend it to allow for non-constant returns to scale technologies.