Benchmarking With DEA, SFA, and R, Hardcover by Bogetoft, Peter; Otto, Larsen...

Description: Benchmarking With DEA, SFA, and R, Hardcover by Bogetoft, Peter; Otto, Larsen, ISBN 1441979603, ISBN-13 9781441979605, Brand New, Free shipping in the US This book covers recent advances in efficiency evaluations, most notably Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods. It introduces the underlying theories, shows how to make the relevant calculations and discusses applications. The aim is to make the reader aware of the pros and cons of the different methods and to show how to use these methods in both standard and non-standard cases. Several software packages have been developed to solve some of the most common DEA and SFA models. This book relies on R, a free, open source software environment for statistical computing and graphics. This enables the reader to solve not only standard problems, but also many other problem variants. Using R, one can focus on understanding the context and developing a good model. One is not restricted to predefined model variants and to a one-size-fits-all approach. To facilitate the use of R, the authors have developed an R package called Benchmarking, which implements the main methods within both DEA and SFA. Th uses mathematical formulations of models and assumptions, but it de-emphasizes the formal proofs - in part by placing them in appendices -- or by referring to the original sources. Moreover, th emphasizes the usage of the theories and the interpretations of the mathematical formulations. It includes a series of small examples, graphical illustrations, simple extensions and questions to think about. Also, it combines the formal models with less formal economic and organizational thinking. Last but not least it discusses some larger applications with significant practical impacts, including the design of benchmarking-based regulations of energy companies in different European countries, and the development of merger control programs for competitionauthorities.

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Book Title: Benchmarking With DEA, SFA, and R

Number of Pages: Xvi, 352 Pages

Language: English

Publication Name: Benchmarking with Dea, Sfa, and R

Publisher: Springer New York

Publication Year: 2010

Subject: Programming Languages / General, Probability & Statistics / Stochastic Processes, Operations Research, Linear & Nonlinear Programming, Management Science, Management, Econometrics

Item Weight: 54 Oz

Type: Textbook

Item Length: 9.3 in

Author: Lars Otto, Peter Bogetoft

Subject Area: Mathematics, Computers, Business & Economics

Series: International Series in Operations Research and Management Science Ser.

Item Width: 6.1 in

Format: Hardcover