Showing 1 - 5 of 5
In this paper we extend the taxonomy on inner and outer approximations to a technology by assuming that price data are not available. Mimicking Varian [Varian H., Econometrica 1984;52(3):579], we introduce a Weak Axiom of Shadow Profit Maximization (WASPM) to test if observed production plans are...
Persistent link: https://www.econbiz.de/10010608450
Kuosmanen and Kazemi Matin [Theory of integer valued data envelopment analysis. European Journal of Operational Research 2009;192:658-67] developed an axiomatic foundation for a data envelopment analysis (DEA) model that assumes subsets of input and output variables to be integer valued. In this...
Persistent link: https://www.econbiz.de/10005336307
The axiom of weak disposability is frequently imposed in data envelopment analysis (DEA) models involving undesirable outputs such as pollution. This paper sheds new light on the economic interpretation of weak disposability by developing dual formulations of the weakly disposable DEA...
Persistent link: https://www.econbiz.de/10008869813
Lack of information about technology and prices often hampers the empirical assessment of the profit maximization hypothesis (viz. by measuring the degree of profit efficiency). The non-parametric Data Envelopment Analysis (DEA) methodology can deal with such incomplete information. We exploit...
Persistent link: https://www.econbiz.de/10005445524
We propose a non-parametric methodology to study the presence of economies of scope between teaching and research (i.e., the teaching–research nexus). In particular, the paper advocates a conditional version of the ‘benefit-of-the-doubt’ approach to estimate the relationship between...
Persistent link: https://www.econbiz.de/10010580791