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Economic Perspectives on DEA

Finn Førsund

No 10/2015, Memorandum from Oslo University, Department of Economics

Abstract: Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound theoretical foundations. The perspective within economics is highlighted and a critique of some research directions judged as unfortunate is offered.

Keywords: Efficiency measures; data envelopment analysis; shadow prices; weight restrictions; cross efficiency (search for similar items in EconPapers)
JEL-codes: C61 D24 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2015-04-30
New Economics Papers: this item is included in nep-eff and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Forthcoming as Førsund, Finn, 'Economic interpretations of DEA' in Socio-Economic Planning Sciences, 2017.

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