Publication
Title
The choice of a technical efficiency measure on the free disposal hull reference technology : a comparison using US banking data
Author
Abstract
This paper evaluates a variety of technical efficiency measures based on a given nonparametric reference technology, the free disposal hull (FDH), Specifically, we consider the radial measure of Debreu (1951)/Farrell (1957) and the nonradial measures of Fare (1975), Fare and Lovell (1978) and Zieschang (1984). Furthermore, input-based, output-based, and graph efficiency versions of these four measures are computed. Theoretical consideration as to the best choice among these alternative measures is inconclusive; therefore, we examine this problem from an empirical viewpoint. Calculating thirteen different measures of technical efficiency for a sample of US banks, we compare the measures' efficiency distributions and rankings, paying particular attention to how well the radial measure approximates its nonradial alternatives. (C) 1998 Elsevier Science B.V.
Language
English
Source (journal)
European journal of operational research. - Amsterdam
Source (book)
9th National Conference on Quantitative Methods for Decision Making, (ORBEL 9), JAN, 1995, BRUSSELS, BELGIUM
Publication
Amsterdam : 1998
ISSN
0377-2217
Volume/pages
105:3(1998), p. 427-446
ISI
000072095200004
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 03.01.2013
Last edited 07.12.2017
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