This paper proposes an approach to compute cost efficiency in contexts where units can adjust input quantities and to some degree prices so that through their joint determination they can minimise the aggregate cost of the outputs they secure. The model developed is based on the data envelopment...

In the wake of widespread privatisations of publicly owned utilities such as water, gas, electricity and telecommunications providers, regulatory systems have evolved to protect consumers from the often local monopoly or oligopoly power such organisations enjoy. Economic regulators impose inter...

This book presents selected proceedings of DEA45: International Conference on Data Envelopment Analysis, which was held September 4-6, 2023, at Surrey Business School, University of Surrey, Guildford, UK. It contains theoretical and empirical papers on Data Envelopment Analysis (DEA) and related...

This paper calls attention to the implications of using value data in efficiency measurement through Data Envelopment Analysis (DEA). The main contributions are twofold: (i) it provides a reconciliation of the previous literature on analysing issues of quantity and value data in efficiency...

Data envelopment analysis (DEA) is a method for assessing the comparative efficiencies of decision making units (e.g., banks and schools) by relating their output to their input levels. Restrictions are often imposed in these assessments to reflect prior judgments on the values of input and/or...