Benchmarking with DEA, SFA, and R

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Автор: Bogetoft P., Otto L.

Название: Benchmarking with DEA, SFA, and R

Издательство: Springer

Год:2011

Формат: PDF

Размер: 3 Мб

Язык: Английский

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This book covers recent advances in efficiency evaluation, most notably the Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods. It introduces the underlying theories, shows how to make the relevant calculations and discusses some applications. The aim is to make the reader aware of the pros and cons of the different methods and to train him or her on the proper usage of these methods in both standard and non-standard cases.

Several software packages have been developed that can be used to solve some of the most common DEA and SFA models. In this book, however, we rely on R, a free software environment that can be used for optimization, statistical computing, and graphics. This program enables the reader to solve not only standard problems but also many other problem variants. Using R, one can focus on understanding the business case and developing a good model. One is not restricted to predefined models or to the use of a one-size-fits-all approach.

There are several R routines that support the use of DEA and SFA models.While writing this book, we have also developed an R-package named Benchmarking that makes applications easy without limiting the variations in the models and calculations that innovative researchers and practitioners seek to use.