A standard mixed integer programming (MIP) approach is compared with a two-stage MIP approach. A computational difference between the two DA (discriminant analysis) approaches is that the former uses a single MIP model to solve various classification problems and the latter uses two MIP models...

Deregulation of Japanese electric power industry began in 1995. After the amendment of Electricity Utility Industry Law in 1995, competition was partially introduced in a generation sector and retail competition started from 2000. Eligibility to choose suppliers was gradually extended from...

Financial Ratio Analysis is newly proposed to examine the financial performance of the American power/energy industry. The new approach compares the financial performances of 147 non-default firms with those of 24 default firms in the US power/energy market. The proposed approach is a new type...

A new use of the nonparametric statistic, referred to as the "Kruskal and Wallis rank test", is proposed in this study. The nonparametric statistic examines whether or not any frontier shift occurs among observed periods. To document its practicality, the proposed statistic is incorporated into...

This study investigates whether a series of recent economic reforms on corporate governance influence the operational performance of Japanese manufacturing industries after the bubble economy. This study finds that stable shareholding is an important aspect of traditional Japanese corporate...

Data Envelopment Analysis (DEA) has been widely used for performance evaluation of many organizations in private and public sectors. This study proposes a new DEA approach to evaluate the operational, environmental and both-unified performance of coal-fired power plants that are currently...

DEA (Data Envelopment Analysis) is a management science method that has been widely applied for performance analysis in various sectors. A shortcoming of previous DEA applications is that it has been used to mainly evaluate ex ante performance. Believing that future planning is more important...

This article describes a new DEA (data envelopment analysis) ranking approach that combines efficiency analysis (by DEA) with index measurement (by DEA sensitivity analysis). The sensitivity analysis, incorporated into the index measurement, omits an efficient DMU (decision making unit) to...