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Benchmarking Economic Efficiency: Technical and Allocative Fundamentals

Benchmarking Economic Efficiency: Technical and Allocative Fundamentals

Hardcover

Series: International Operations Research & Management Science, Book 315

Business GeneralEconomics

ISBN10: 3030843963
ISBN13: 9783030843960
Publisher: Springer Nature
Published: Jul 13 2022
Pages: 640
Weight: 2.46
Height: 1.44 Width: 6.14 Depth: 9.21
Language: English
Chapter 1: Introduction.- Chapter 2: Conceptual background: firms' objectives, decision variables and economic efficiency.- Part I.- Chapter 3: Shephard's input and output distance functions: cost and revenue efficiency decompositions.- Chapter 4: The generalized distance function (GDF): Profitability efficiency decomposition.- Part II.- Chapter 5: The Russell Measures: Economic Inefficiency Decompositions.- Chapter 6: The Weighted Additive Distance Function (WADF): Economic inefficiency decompositions.- Chapter 7: The enhanced Russell graph measure (ERG=SBM): economic inefficiency decompositions.- Chapter 8: The directional distance function (DDF): economic inefficiency decompositions.- Chapter 9: The Hölder distance functions: economic inefficiency decompositions.- Chapter 10: The loss distance function: economic inefficiency decompositions.- Chapter 11: The modified directional distance function (MDDF): economic inefficiency decompositions.- Chapter 12: The reverse directional distance function (RDDF): economic inefficiency decompositions.- Chapter 13: A unifying framework for decomposing economic inefficiency: The general direct approach and the standard and flexible reverse approaches.- Chapter 14: A final overview: economic efficency models and properties.- Bibliography.- Subject Index.- Author Index.

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