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Procedures for ranking technical and cost ...
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Document type :
Article dans une revue scientifique
DOI :
10.1016/j.ejor.2021.10.023
Title :
Procedures for ranking technical and cost efficient units: With a focus on nonconvexity
Author(s) :
Kerstens, Kristiaan [Auteur]
Lille économie management - UMR 9221 [LEM]
Sadeghi, Jafar [Auteur]
Toloo, Mehdi [Auteur]
van de Woestyne, Ignace [Auteur]
Journal title :
European Journal of Operational Research
Pages :
269-281
Publisher :
Elsevier
Publication date :
2022-07-01
ISSN :
0377-2217
English keyword(s) :
Data envelopment analysis
Free disposal hull
Technical efficiency
Cost efficiency
Super-efficiency
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
This contribution extends the literature on super-efficiency by focusing on ranking cost-efficient observations. To the best of our knowledge, the focus has always been on technical super-efficiency and this focus on ranking ...
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This contribution extends the literature on super-efficiency by focusing on ranking cost-efficient observations. To the best of our knowledge, the focus has always been on technical super-efficiency and this focus on ranking cost-efficient observations may well open up a new topic. Furthermore, since the convexity axiom has both an impact on technical and cost efficiency, we pay a particular attention to the effect of nonconvexity on both super-efficiency notions. Apart from a numerical example, we use a secondary data set guaranteeing replication to illustrate these efficiency and super-efficiency concepts. Two empirical conclusions emerge. First, the cost super-efficiency notion ranks differently from the technical super-efficiency concept. Second, both cost and technical super-efficiency notions rank differently under convex and nonconvex technologies.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
Collections :
  • Lille Économie Management (LEM) - UMR 9221
Source :
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