Download Advances in Data Envelopment Analysis by Rolf Fare, Shawna Grosskopf, Dimitris Margaritis PDF

By Rolf Fare, Shawna Grosskopf, Dimitris Margaritis

Information Envelopment research (DEA) is frequently missed in empirical paintings comparable to diagnostic checks to figure out even if the knowledge conform with expertise which, in flip, is necessary in determining technical swap, or discovering which varieties of DEA types enable information ameliorations, together with facing ordinal data.

Advances in facts Envelopment Analysis makes a speciality of either theoretical advancements and their purposes into the size of effective potency and productiveness development, similar to its program to the modelling of time substitution, i.e. the matter of the way to allocate assets over the years, and estimating the "value" of a choice Making Unit (DMU).

Readership: complicated postgraduate scholars and researchers in operations examine and economics with a selected curiosity in construction conception and operations administration.

Show description

Read or Download Advances in Data Envelopment Analysis PDF

Similar microeconomics books

Post Keynesian price theory

This publication units out the principles of publish Keynesian fee concept. Frederic Lee examines the administered, basic fee and mark up fee doctrines linked to put up Keynesian economics; he then attracts upon these doctrines and former empirical reviews to boost the pricing and creation foundations of the speculation.

Microeconomics for Business

This ebook breaks clear of the normal microeconomics textual content for administration scholars in several methods. a few of its correct and worthy gains are as under: For the good thing about scholars, definition, taxonomy, and trivial memorization were consciously de-emphasized Graphical and logical derivations are supplemented via monetary instinct in simple-to-understand English, even though the rigor of algebraic therapy is retained robust emphasis on recommendations, their reasons, and knowing various hypothetical real-life examples, mostly touching on India thoroughly new chapters, lacking from different textbooks in India, viz.

Foundations of Game Theory: Noncooperative Games

The English variation differs purely a bit of from the Russian unique. the most struc­ tural distinction is that every one the fabric at the thought of finite noncooperative video games has been gathered in bankruptcy 2, with renumbering of the fabric of the stay­ ing chapters. New sections were additional during this bankruptcy: dedicated to normal questions of equilibrium idea in nondegenerate video games, subsections three.

Selections for Students from Volumes 1-4

Advances in Archeological process and idea: decisions for college students from Volumes 1 via four presents info pertinent to the basic features of archeological approach and idea. This publication covers a number of themes, together with cult archeology, cultural evolution, types of hunter–gatherer model, and archeobotany.

Additional resources for Advances in Data Envelopment Analysis

Sample text

K . 36) March 10, 2015 8:49 Advances in Data Envelopment Analysis - 9in x 6in b2007-ch03 page 49 Chapter 3. DEA and Intensity Variables 49 Thus the unit price of intensity variable k or DMU k is its revenue minus cost or its profit, so pricing DMUs is achieved by evaluating their profits. To illustrate our result, consider the inner product of q ∈ +K and z ∈ +K , K qk z k . 37) k=1 Thus for any z k 0, setting it equal to one and the other elements equal to zero, shows that qk is the unit price of that DMU.

T. z k xkn λxk n , n = 1, . . , N z k ykm yk m , m = 1, . . , M 0, k = 1, . . , K . , Grosskopf, S. and Margaritis, D. If k is efficient its score is one, and the problem above provides its value. If it is inefficient, then z k = 0 and x k will be projected onto the isoquant11 of L(y k ) which consists of convex combinations of other DMUs whose intensity variables are positive. As an illustration we include the example from Färe, Grosskopf and Margaritis (2012). They assume that there are three DMUs which use two inputs to produce a single output, with the data given below.

1 On Shephard’s Duality Theory To illustrate the difference between the duality familiar from linear programming to that in production theory we start by presenting Shephard’s original duality between cost and production, Shephard (1953). , sets of input vectors x ∈ +N required to produce y. L(y) = {x : x can produce y}. 1) then the cost function is defined as C(y, w) = min{wx : x ∈ L(y)}. 2 We refer to L(y) as a subset of the primal or quantity space. The dual technology is a subset of the dual or price space.

Download PDF sample

Rated 4.98 of 5 – based on 43 votes