DEA based yardstick competition in natural resource management

Peter Bogetoft and Kurt Nielsen

No 57928, 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia from Australian Agricultural and Resource Economics Society

Abstract: In this paper, we discuss the pros and cons of using Data Envelopment Analysis (DEA) to evaluate and enhance the efficiency of natural resource management. The need for a multidimensional production frontier approach is sketched, along with examples from other regulated multi-output industries, Also, reviews of the basic properties of DEA and DEA based yardstick competition are provided. Finally, we discuss the use of DEA based yardstick to evaluate bids in multi-dimensional procurement auctions.

Keywords: Research Methods/ Statistical Methods; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 22
Date: 2003-02
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Citations: View citations in EconPapers (1)

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Working Paper: DEA Based Yardstick Competition in Natural Resource Management (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare03:57928

DOI: 10.22004/ag.econ.57928

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