fund or strategy provides, whether the net expense ratio is reasonable for the style exposures provided and the efficiency … measures of style efficiency, one related to the expected style return of the strategy per bps of net expense ratio, which I … refer to as the Cost Efficiency Ratio (CER), and one related to the expected style return of the strategy relative to …

evaluating public services from a non-parametric production efficiency perspective and the computational irregularities this may …-parametric efficiency models the epsilon plays a key role as a multiplication factor to the sum of input and output slacks in the objective … to constant or variable returns-to-scale; and may lead to drastically different relative efficiency rankings. To …

Data Envelopment Analysis (DEA) in the measurement of organizational efficiency, starting from the deficiencies of the … goals and performance measures, and then four interactive DEA models are developed, in order to evaluate efficiency in each …Although financial indicators are most often used to measure organizational efficiency, contemporary research suggests …