1. Introduction and overview; 2. Productivity, efficiency, and data envelopment analysis; 3. Variable returns to scale: separating technical and scale efficiencies; 4. Extensions to the basic DEA models; 5. Non-radial models and Pareto-Koopmans measures of technical efficiency; 6. Efficiency measurement without convexity assumption: free disposal hull analysis; 7. Dealing with slacks: assurance region/cone ratio analysis, weak disposability, and congestion; 8. Efficiency of merger and break up of firms; 9. Efficiency analysis with market prices; 10. Nonparametric approaches to production analysis; 11. Measuring total factor productivity change over time; 12. Stochastic approaches to data envelopment analysis; 13. Looking ahead.
This book, first published in 2004, explores data envelopment analysis, which measures firms' input-output efficiencies using mathematical programming techniques.
"...none of the books on DEA that are available in the market today
examines DEA from an economist's point of view. Subhash Ray's Data
Envelopment Analysis is an exception. This book familiarizes the
reader with the microeconomic foundations of the various DEA models
that are currently available and widely used in the literature.
Professor Ray explains the neo-classical production theory behind
various DEA models. It is up-to-date and gives an excellent
overview of DEA models from both empirical and theoretical points
of view. Professor Ray is a leading authority on DEA. Every chapter
of the book shows his mastery in the field. I am confident that the
researchers at all levels working on DEA will immensely benefit
from reading this book." Subal C. Kumbhakar, State University of
New York, Binghamton
"Firmly grounded in the economic theory of production, and richly
illustrated with a battery of numerical and computer-driven
examples, Data Envelopment Analysis achieves both objectives.
Professor Ray is a leading researcher in the field, and he has
written a valuable book from which scholars and their students will
learn a great deal." C.A. Knox Lovell, University of Georgia
"This lucid treatment of data envelopment analysis is the most
thorough and extensive available, and unifies economics, operations
research, and management science on this topic. The exposition
contains plenty for both those wanting a theoretical treatment and
for practitioners primarily interested in applications. The
comprehensive book fills a critical gap in the literature, and will
be highly valued by applied researchers in government,
universities, and the private sector interested in measuring
economic efficiency and productivity." Dale Squires, National
Oceanic and Atmospheric Administration
"Only a deep understanding of the economics of production can
provide an Ariadne's thread to find oneas way through the existing
literature on efficiency analysis in general and on the DEA method
in particular. In this book, Professor Ray offers the reader an
enlightening guidance through this maze, thanks to his equal
mastery of the economic conceptual foundations of the field and of
the mathematical programming techniques that have rendered it
widely applicable. The result is a choice of topics that bear on
basic aspects of the efficiency issue more than on technical
virtuosity. Among these, the way FDH is put in its proper
nonparametric production theoretic perspective pleases me most."
Henry Tulkens, CORE, Université Catholique de Louvain
|
Ask a Question About this Product More... |
|
