Procedures for ranking technical and cost efficient units: With a focus on nonconvexity
نویسندگان
چکیده
• Infeasibility under the super-efficiency problem aggravates nonconvexity. New cost frontier is feasible constant returns to scale Super-efficiency may be infeasible variable scale. The decomposition new in literature. model incomplete price data proposed. This contribution extends literature on by focusing ranking cost-efficient observations. To best of our knowledge, focus has always been technical and this observations well open up a topic. Furthermore, since convexity axiom both an impact efficiency, we pay particular attention effect nonconvexity notions. Apart from numerical example, use secondary set guaranteeing replication illustrate these efficiency concepts. Two empirical conclusions emerge. First, notion ranks differently concept. Second, notions rank convex nonconvex technologies.
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ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 2022
ISSN: ['1872-6860', '0377-2217']
DOI: https://doi.org/10.1016/j.ejor.2021.10.023