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Efficiency measurement naturally requires the definition of a frontier as a benchmark indicating efficiency. Usually a measure reflecting the distance of a data point to the frontier indicates the level of efficiency. One of the crucial characteristics to distinguish efficiency measurement tools...
Persistent link: https://www.econbiz.de/10010291711
The objective of this paper is twofold. First we discuss, whether data envelopment analysis can be applied to households' consumption activities on the basis of Kelvin Lancaster's approach to consumer choice. Then, we apply data envelopment analysis to identify inefficiencies in a subsector of...
Persistent link: https://www.econbiz.de/10010291730
Persistent link: https://www.econbiz.de/10009781668
The objective of this paper is twofold. First we discuss, whether data envelopment analysis can be applied to households' consumption activities on the basis of Kelvin Lancaster's approach to consumer choice. Then, we apply data envelopment analysis to identify inefficiencies in a subsector of...
Persistent link: https://www.econbiz.de/10009781749
Persistent link: https://www.econbiz.de/10013283140
Persistent link: https://www.econbiz.de/10013283171