Title
Efficiency analysis with ratio measures.
Abstract
•We give a positive answer to the long-standing debate as to whether ratio data could be used in DEA.•We develop new VRS and CRS DEA models in which both volume and ratio measures are native types of data.•We state new production axioms that account for ratio data and formally derive DEA models from them.•Different types of ratio inputs and outputs require different modelling approaches.•We discuss solution approaches to the new DEA models and consider a computational example.
Year
DOI
Venue
2015
10.1016/j.ejor.2015.03.013
European Journal of Operational Research
Keywords
Field
DocType
Data envelopment analysis,Technology,Production assumptions,Efficiency,Ratio measures
Econometrics,Mathematical optimization,As is,Convex set,Data type,Data envelopment analysis,Mathematics
Journal
Volume
Issue
ISSN
245
2
0377-2217
Citations 
PageRank 
References 
6
0.69
5
Authors
3
Name
Order
Citations
PageRank
ole bent olesen1354.21
N. C. Petersen2354.35
Victor V. Podinovski318219.92