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Data Envelopment Analysis (DEA) is a non-parametric method for measuring the relative efficiency of a set of Decision Making Units (DMUs) using multiple precise inputs to produce multiple precise outputs. Several extensions to DEA have been made for the case of imprecise data, as well as to...
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In many markets there is some form of regulation; and when new policy measures are introduced into a particular sector, the question of how to structure an adequate regulatory process arises. This paper contributes to the literature by describing the approach taken in the nursing home sector in...
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