On the functional form of an efficiency index
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On the functional form of an efficiency index. / Hougaard, Jens Leth; Keiding, Hans.
In: Journal of Productivity Analysis, Vol. 9, No. 2, 1998, p. 103-111.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - On the functional form of an efficiency index
AU - Hougaard, Jens Leth
AU - Keiding, Hans
PY - 1998
Y1 - 1998
N2 - An input efficiency index gives a numeric assessment of the degree to which a given input combination falls short of being efficient in producing a fixed amount of output. This paper presents a system of axioms which characterise a certain family of efficiency indices containing the well-known Farrell and Färe-Lovell indices. The family of indices satisfying the axioms can be obtained by minimizing a suitable function, called a performance evaluation, and different choices of performance evaluation will result in different indices
AB - An input efficiency index gives a numeric assessment of the degree to which a given input combination falls short of being efficient in producing a fixed amount of output. This paper presents a system of axioms which characterise a certain family of efficiency indices containing the well-known Farrell and Färe-Lovell indices. The family of indices satisfying the axioms can be obtained by minimizing a suitable function, called a performance evaluation, and different choices of performance evaluation will result in different indices
U2 - 10.1023/A:1018342231742
DO - 10.1023/A:1018342231742
M3 - Journal article
VL - 9
SP - 103
EP - 111
JO - Journal of Productivity Analysis
JF - Journal of Productivity Analysis
SN - 0895-562X
IS - 2
ER -
ID: 155271