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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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The evolution of performance measurement research: Developments in the last decade and a research agenda for the next

TL;DR: In this article, the authors provide an update of Neely et al.'s (1995) literature review "Performance measurement system design" and argue that scholars working in the field of performance measurement agree about the key research questions despite the fact that they come from different disciplinary backgrounds.
Journal ArticleDOI

Quantifying Managerial Ability: A New Measure and Validity Tests

TL;DR: The authors proposed a measure of managerial ability, based on managers' efficiency in generating revenues, which is available for a large sample of firms and outperforms existing ability measures and finds that the measure is strongly associated with manager fixed effects, and that stock price reactions to CEO turnover are positive (negative) when assessing the outgoing CEO as low (high) ability.
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Profitability and Marketability of the Top 55 U.S. Commercial Banks

TL;DR: In this article, the authors examined the performance of the top 55 U.S. commercial banks via a two-stage production process that separates profitability and marketability and uncovered substantial performance inefficiency in both dimensions.
Journal ArticleDOI

Inter-company comparison using modified TOPSIS with objective weights

TL;DR: An effective approach based on the concept used by the technique for order preference by similarity to ideal solution (TOPSIS) is developed to rank competing companies in terms of their overall performance on multiple financial ratios to ensure that the evaluation result is not affected by the inter-dependency of criteria and inconsistency of subjective weights.
Journal ArticleDOI

Data envelopment analysis: The evolution of the state of the art (1978–1995)

TL;DR: The purpose of this paper is to briefly trace the evolution of DEA from the initial publication by Charnes et al. (1978b) to the current state of the art (SOA).
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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The modelo DEA en la ejecución del plan mensualizado de Caja de la Secretaria de Educación Distrital this paper. 

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