Paradi, Joseph; Asmild, Mette; Simak, Paul - In: Journal of Productivity Analysis 21 (2004) 2, pp. 153-165
The purpose of this paper is to introduce the concept of worst practice DEA, which aims at identifying worst performers … validate the method. The best combination of layered normal and worst practice DEA models yields an impressive 100% bankruptcy … practice DEA models enable detection of self-identifiers. The results of the empirical application on credit risk evaluation …