In the wake of the recent financial crisis, over-the-counter (OTC) derivatives have been blamed for increasing systemic risk. Although OTC derivatives were not a central cause of the crisis, the complexity and limited transparency of the market reinforced the potential for excessive risk-taking,...

In the wake of the recent financial crisis, over-the-counter (OTC) derivatives have been blamed for increasing systemic risk. Although OTC derivatives were not a central cause of the crisis, the complexity and limited transparency of the market reinforced the potential for excessive risk-taking,...

Centralized human resource reallocation involves deciding how to fit change in a way that maximizes aggregated outputs. This paper presents an alternative approach to reallocating human resources. Specifically, an aggregated concept in the form of data envelopment analysis (DEA) is used to...