Allocative, Cost, Technical, Revenue, and Profit Efficiency

Ali Emrouznejad, Konstantinos Petridis and Vincent Charles
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Ali Emrouznejad: University of Surrey
Konstantinos Petridis: University of Macedonia
Vincent Charles: University of Bradford

Chapter Chapter 5 in Data Envelopment Analysis with GAMS, 2023, pp 103-117 from Springer

Abstract: Abstract When input prices are available, cost efficiency, also known as input overall efficiency, or input allocative efficiency (as proposed by Färe et al., 1985) can be estimated. Alternatively, when output prices are available, revenue efficiency, also known as output overall efficiency, or output allocative efficiency (as proposed by Färe et al., 1985) can be estimated. Lastly, when both input and output prices are available, profit efficiency or profit allocative efficiency (as proposed by Chambers et al., 1998) can be estimated.

Date: 2023
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DOI: 10.1007/978-3-031-30701-0_5

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