Introducing microeconomic foundation in DEA: the average-based approach

• Tipo: Outra Publicação em Revista Científica Internacional
• Data: 2020

Autores

Ribeiro, VM (Autor) FEP; Varum, C (Autor) Outra; Daniel, AD (Autor) Outra

Revista

Título: Spatial Economic Analysis

Vol. 15

Páginas: 145-164

ISSN: 1742-1772

Editora: Taylor & Francis

Indexação

ISI Web of Knowledge - 1 Citação

Scopus - 1 Citação

Outras Informações

ID Authenticus: P-00R-GVW

DOI: 10.1080/17421772.2020.1701701

Abstract (EN): Although recent developments focused on the multi-stage and multilevel data envelopment analysis (DEA) exhibit a high degree of mathematical sophistication, they are also characterized by the absence of a microeconomic foundation. This study proposes a novel approach called average-based DEA, which is conceived to overcome such a concern through the application of the Spence distortion principle to the hierarchy of a system. Theoretical and empirical results demonstrate that the proposed methodology reduces the distortion of efficiency scores observed in alternative multilevel extensions.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 20