Time substitution with application to data envelopment analysis

R. Färe, Shawna Grosskopf and D. Margaritis

European Journal of Operational Research, 2010, vol. 206, issue 3, 686-690

Abstract: In this paper we analyze resource allocation distinguishing between the decision of when to begin allocation and over how many periods to apply the resources. We present analytical results for specific production technologies under different returns to scale assumptions, under capacity constraints and for production with technical change. Using a dynamic activity analysis framework we show how to compute in general optimal solutions for resource intensity use.

Keywords: C61; D92; Time; substitution; Intertemporal; optimization; Data; envelopment; analysis (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:206:y:2010:i:3:p:686-690

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