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International Series in Operations Research & Management Science

Benchmarking with DEA, SFA, and R

Authors: Bogetoft, Peter, Otto, Lars

  • Covers recent advances in Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods
  • Authors developed the R package called Benchmarking, which implements the main methods within both DEA and SFA
  • Ideal guide for graduate students, advanced consultants and practitioners with an interest in quantitative performance evaluation
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Buy this book

eBook $199.00
price for USA in USD (gross)
  • ISBN 978-1-4419-7961-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $219.99
price for USA in USD
  • ISBN 978-1-4419-7960-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $259.00
price for USA in USD
  • ISBN 978-1-4614-2772-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

The book 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, the book 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 competition authorities.

Reviews

From the reviews:

“Benchmarking with DEA, SFA, and R covers data envelopment analysis (DEA) and stochastic frontier analysis (SFA) … . Although more advanced readers … will gain more from reading this book, it contains something for all who are interested in the principles underlying DEA and SFA and who want to know how to use these methods … . the book is appropriate for readers who have a fairly good foundation in the methods of DEA and SFA and wish to raise their level of understanding.” (Emmanuel Thanassoulis, Interfaces, Vol. 42 (3), May-June, 2012)


Table of contents (10 chapters)

  • Introduction to Benchmarking

    Bogetoft, Peter (et al.)

    Pages 1-22

  • Efficiency Measures

    Bogetoft, Peter (et al.)

    Pages 23-55

  • Production Models and Technology

    Bogetoft, Peter (et al.)

    Pages 57-80

  • Data Envelopment Analysis DEA

    Bogetoft, Peter (et al.)

    Pages 81-113

  • Additional Topics in DEA

    Bogetoft, Peter (et al.)

    Pages 115-153

Buy this book

eBook $199.00
price for USA in USD (gross)
  • ISBN 978-1-4419-7961-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $219.99
price for USA in USD
  • ISBN 978-1-4419-7960-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $259.00
price for USA in USD
  • ISBN 978-1-4614-2772-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Benchmarking with DEA, SFA, and R
Authors
Series Title
International Series in Operations Research & Management Science
Series Volume
157
Copyright
2011
Publisher
Springer-Verlag New York
Copyright Holder
Springer Science+Business Media, LLC
eBook ISBN
978-1-4419-7961-2
DOI
10.1007/978-1-4419-7961-2
Hardcover ISBN
978-1-4419-7960-5
Softcover ISBN
978-1-4614-2772-8
Series ISSN
0884-8289
Edition Number
1
Number of Pages
XVI, 352
Topics