This paper assesses a performance evaluation framework for wealth management (WM) banks. We propose a method that combines the analytic hierarchy process (AHP) with the assurance region (AR) model of data envelopment analysis (DEA) to enable a consensus decision. We also present several...

High technology exports (HTX) are considered as an important factor for sustainable economic growth for a country. One of the most important prerequisite to high tech manufacturing and export is technology ownership. Technology ownership can be gained through technology transfer by the way of...

This paper applies a four-stage data envelopment analysis (DEA) approach proposed by Fried et al. (1999) to measure the operational environment-adjusted efficiency of sixty mutual funds in Taiwan from 2006 to 2010. We adopt the approach for adjusting negative output as suggested by Lovell and...

This paper applies a four-stage data envelopment analysis (DEA) approach proposed by Fried et al. (1999) to measure the operational environment-adjusted efficiency of sixty mutual funds in Taiwan from 2006 to 2010. We adopt the approach for adjusting negative output as suggested by Lovell and...

Genetic algorithms (GAs) are appropriate when investors have the objective of obtaining mean.variance (VaR) efficient frontier as minimising VaR leads to non.convex and non.differential risk.return optimisation problems. However GAs are a time.consuming optimisation technique. In this paper, we...

This article provides a tool to study over time the distributions of income in a population, regardless the irregular distribution of data. We even approach Lorenz curves at the times when we lack the required data. Finally we apply the present technique to a European country where inequalities...

Chile's recent success in reducing poverty has been remarkable, with poverty rates falling by approximately two-thirds over the last 20 years. However, further gains against poverty may be inhibited by the increasing difficulty associated with targeting fewer poor people and better, more...