Slack free MEA and RDM with comprehensive efficiency measures

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

This paper extends two directional distance function models, the Multi-directional Efficiency Analysis (MEA) Model and the Range Directional Model (RDM), in order to account for any type of technical inefficiency, i.e. both directional and non-directional inefficiencies. We first focus on the variable returns to scale (VRS) case, because both VRS-MEA and RDM are translation invariant models, which mean that both models are able to deal with negative data. Our main result is the definition of a new comprehensive efficiency measure which is units invariant and translation invariant and covers both models. Secondly, we introduce the RDM model under constant returns to scale (CRS) together with a new comprehensive efficiency measure.
OriginalsprogEngelsk
TidsskriftOmega
Vol/bind38
Udgave nummer6
Sider (fra-til)475-483
Antal sider9
ISSN0305-0483
DOI
StatusUdgivet - dec. 2010
Eksternt udgivetJa

ID: 225670617