Efficiency measurement with a non-convex free disposal hull technology

Hirofumi Fukuyama; Jens Leth Hougaard; Kazuyuki  Sekitani; Jianming Shi

doi:10.1057/jors.2015.41

Efficiency measurement with a non-convex free disposal hull technology

Hirofumi Fukuyama
, Jens Leth Hougaard
, Kazuyuki Sekitani
, Jianming Shi

Sektion for Produktion, Markeder og Politik

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

We investigate the basic monotonicity properties of least-distance (in)efficiency measures on the class of non-convex FDH (free disposable hull) technologies. We show that any known FDH least-distance measure violates strong monotonicity over the strongly (Pareto-Koopmans) efficient frontier. Taking this result into account, we develop a new class of FDH least-distance measures that satisfy strong monotonicity and show that the developed (in)efficiency measurement framework has a natural profit interpretation.

Originalsprog	Engelsk
Tidsskrift	Journal of the Operational Research Society
Vol/bind	67
Udgave nummer	1
Sider (fra-til)	9–19
Antal sider	11
ISSN	0160-5682
DOI	https://doi.org/10.1057/jors.2015.41
Status	Udgivet - 2016

Adgang til dokumentet

10.1057/jors.2015.41

Biblioteksadgang?

Tjek tilgængelighed hos det Kgl. Bibliotek

Citationsformater

@article{1dfc739f27a04724a9e1de97a6bb6484,

title = "Efficiency measurement with a non-convex free disposal hull technology",

abstract = "We investigate the basic monotonicity properties of least-distance (in)efficiency measures on the class of non-convex FDH (free disposable hull) technologies. We show that any known FDH least-distance measure violates strong monotonicity over the strongly (Pareto-Koopmans) efficient frontier. Taking this result into account, we develop a new class of FDH least-distance measures that satisfy strong monotonicity and show that the developed (in)efficiency measurement framework has a natural profit interpretation.",

author = "Hirofumi Fukuyama and Hougaard, \{Jens Leth\} and Kazuyuki Sekitani and Jianming Shi",

year = "2016",

doi = "10.1057/jors.2015.41",

language = "English",

volume = "67",

pages = "9–19",

journal = "Journal of the Operational Research Society",

issn = "0160-5682",

publisher = "Palgrave Macmillan",

number = "1",

}

TY - JOUR

T1 - Efficiency measurement with a non-convex free disposal hull technology

AU - Fukuyama, Hirofumi

AU - Hougaard, Jens Leth

AU - Sekitani, Kazuyuki

AU - Shi, Jianming

PY - 2016

Y1 - 2016

N2 - We investigate the basic monotonicity properties of least-distance (in)efficiency measures on the class of non-convex FDH (free disposable hull) technologies. We show that any known FDH least-distance measure violates strong monotonicity over the strongly (Pareto-Koopmans) efficient frontier. Taking this result into account, we develop a new class of FDH least-distance measures that satisfy strong monotonicity and show that the developed (in)efficiency measurement framework has a natural profit interpretation.

AB - We investigate the basic monotonicity properties of least-distance (in)efficiency measures on the class of non-convex FDH (free disposable hull) technologies. We show that any known FDH least-distance measure violates strong monotonicity over the strongly (Pareto-Koopmans) efficient frontier. Taking this result into account, we develop a new class of FDH least-distance measures that satisfy strong monotonicity and show that the developed (in)efficiency measurement framework has a natural profit interpretation.

U2 - 10.1057/jors.2015.41

DO - 10.1057/jors.2015.41

M3 - Journal article

SN - 0160-5682

VL - 67

SP - 9

EP - 19

JO - Journal of the Operational Research Society

JF - Journal of the Operational Research Society

IS - 1

ER -