When production functions are estimated as frontier functions, the deviations from the frontier can be interpreted as individual inefficiency estimates. Unfortunately, it has recently been shown that efficiency differences across individuals are very often statistically insignificant. In this...

This work proposes a methodology to find appropriate weights to be assigned to attributes to evaluate bids for government procurements. The new methodology complies with the European Union procurement directives and provides transparency about the weights’ tradeoffs for attributes in...

The Centers for Medicare and Medicaid Services (CMS) Star Ratings methodology for publicly evaluating hospitals uses a latent variable model that is based on the presumption of a single, but unobservable, hospital-specific quality factor shared across a group of performance measures. Performance...

To create their rankings, university-ranking agencies usually combine multiple performance measures into a composite index. However, both rankings and index scores are sensitive to the weights assigned to performance measures. This paper uses a stochastic dominance efficiency methodology to...

Public service spending is an important issue with great economic, social and political ramifications. Consequently, correct measurements with respect to productivity evaluation of such expenditures is of paramount significance. Motivated by evaluating public services from a non-parametric...

Objectives: The present paper aspires to measure the performance, benchmark and rank various public sector banks using statistical as well as mathematical tools. The present study also uses Sensitivity analysis in DEA to know the stability and instability of efficient DMUs. Design Methodology:...