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Cone ratios, assurance regions and similar data envelopment analysis (DEA) approaches measuring the efficiency of decision making units (DMU) restrict their ability to “show themselves in the most favorable light”. Indeed they limit the relations or the multipliers of inputs and outputs as...
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Decision-based production theory is a generalization of traditional production theories developed in order to integrate concerns of modern management science and economics, such as sustainability and environmental protection. The main idea is the distinction of technologically determined inputs...
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A recent article of Dakpo, Jeanneaux and Latruffe critically reviews the developments, limits and future prospects of integrating environmental aspects into productive efficiency evaluation with Data Envelopment Analysis (DEA). In particular, it is concluded that multiple frontier technologies...
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