In order to investigate the interrelationship between risk and efficiency, based on the multistage data envelopment analysis (DEA) model, this paper introduces a modified measure of risk-adjusted efficiency for the insurance industry in China from 1999 to 2006. By comparing the results from the...

The effective use of information technology (IT) is increasingly important to remain competitive in modern manufacturing. In general, wood products industries are slower in adopting IT, which may erode their long-term competitiveness. Using cluster analysis, this study evaluates the...

Because of the piecewise linear nature of the frontier in data envelopment analysis (DEA), estimated marginal rates of substitution are only valid for infinitesimal, or small finite, changes in one or more variables. Analysing the impacts of very small changes is not adequate for many...