An axiomatic characterization of efficiency indices

Authors
Christensen, F Hougaard, JL Keiding, H
Citation
F. Christensen et al., An axiomatic characterization of efficiency indices, ECON LETT, 63(1), 1999, pp. 33-37
Citations number
8
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
63
Issue
1
Year of publication
1999
Pages
33 - 37
Database
ISI
SICI code
0165-1765(199904)63:1<33:AACOEI>2.0.ZU;2-I
Abstract
An input efficiency index gives a numerical assessment of the degree to whi ch a given input combination falls short of being efficient. A family of ax ioms are presented which, depending on the specification of an algebraic op eration used in one of the axioms, will yield the most widely used efficien cy indices. (C) 1999 Elsevier Science S.A. All rights reserved.