Marginal rates of substitution in the presence of non-discretionary factors: A data envelopment analysis approach

Autor:	Reza Kazemi Matin, Leila Khoshandam, Alireza Amirteimoori
Rok vydání:	2014
Předmět:	Empirical research Computer science Applied Mathematics Substitution (logic) Econometrics Data envelopment analysis Production (economics) Performance measurement Electrical and Electronic Engineering Condensed Matter Physics Instrumentation Unit (housing)
Zdroj:	Measurement. 58:409-415
ISSN:	0263-2241
DOI:	10.1016/j.measurement.2014.09.019
Popis:	Marginal rates of substitution are important quantities for analysts and managers. The current paper focuses on estimating these quantities in the presence of nondiscretionary factors in performance measurement of a group of production units. We propose a DEA framework to verify how an efficient unit would perform in two different environments and find out how the efficiency scores depends on locating the units in a more or less favorable environment. An empirical study in banking is then used to illustrate the applicability of the proposed approach.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b48533a25c02e349c6356a5365bcea77 https://doi.org/10.1016/j.measurement.2014.09.019 Zobrazit plný text záznamu Full Text from ScienceDirect