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Open AccessJournal ArticleDOI

Measuring the efficiency of decision making units

TLDR
A nonlinear (nonconvex) programming model provides a new definition of efficiency for use in evaluating activities of not-for-profit entities participating in public programs and methods for objectively determining weights by reference to the observational data for the multiple outputs and multiple inputs that characterize such programs.
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This article is published in European Journal of Operational Research.The article was published on 1978-11-01 and is currently open access. It has received 25433 citations till now. The article focuses on the topics: Programming paradigm & Data envelopment analysis.

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Citations
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The Sensitivity of Productivity Estimates

TL;DR: In this article, the authors compare five widely used techniques, two nonparametric and three parametric: index numbers, data envelopment analysis, instrumental variables estimation, stochastic frontiers, and semiparametric estimation.
Journal ArticleDOI

An integrated benchmarking approach to distribution center performance using DEA modeling

TL;DR: An integrated benchmarking framework illustrated in the context of a large supply chain system comprised of 102 distribution centers (DCs) opens up possible new directions for examining supply chain DCs or other activities where explicit knowledge about the relationship between the inputs and outputs is not well known.
Journal ArticleDOI

The Optimal Performance of the Global Firm: Formalizing and Extending the Integration- Responsiveness Framework

TL;DR: In this article, the integration-responsiveness-completeness (IRC) model is proposed to account for the diversity of organizational forms and strategic choices open to managers in international business operations.
Journal ArticleDOI

Leverage and corporate performance: does institutional environment matter?

TL;DR: In this paper, a maximum likelihood procedure is used to estimate a stochastic cost frontier and the parameters of an equation relating cost inefficiency to leverage simultaneously, which tends to support the influence of institutional factors on this link.
Journal ArticleDOI

Bank modelling methodologies: A comparative non-parametric analysis of efficiency in the Japanese banking sector

TL;DR: This article examined the efficiency of the Japanese banking system using the slacks-based measure and extended the comparative bank modelling methodology literature by utilising both the intermediation and production approaches, together with the profit/revenue-based approach.
References
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Journal ArticleDOI

The Measurement of Productive Efficiency

M. J. Farrell
Book

Theory of cost and production functions

TL;DR: In this article, a unified treatment of cost and production functions underlie the economic theory of production is presented, and the duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems.
Book

General competitive analysis

TL;DR: General competitive analysis, General competitive analysis as mentioned in this paper, General Competitive Analysis (GCA), general competitive analysis (GCA), GCA, GCA(GCA), GCA
Book

Cost and production functions

TL;DR: In this paper, the authors present a mathematical interpretation of the duality between cost and production function, and present a heuristic principle of minimum costs and a Cobb-Douglas production function.
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