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We provide an axiomatic foundation for efficiency measurement in the full space, referred to as "graph efficiency" measurement by Färe, Grosskopf, and Lovell [1985]. We posit four types of axioms: indication, monotonicity, independence of units of measurement, and continuity. We analyze six...
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Over the years, a large number of indexes of technological inefficiency have been specified, and a spate of papers has examined the properties satisfied by these indexes. This paper approaches the subject more synthetically, presenting generic results on classes of indexes and their properties....
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