Methodological Advances in Dea
2001-09-21
Research Paper
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We survey the methodological advances in DEA over the last 25 years and discuss the necessary conditions for a sound empirical application. We hope this survey will contribute to the further dissemination of DEA, the knowledge of its relative strengths and weaknesses, and the tools currently available for exploiting its full potential. Our main points are illustrated by the case of the DEA study used by the regulatory office of the Dutch electricity sector (Dienst Toezicht Elektriciteitswet; Dte) for setting price caps.
Keywords
- data envelopment analysis (DEA)
- efficiency and productivity analysis
- methodological advances
- electricity distribution
Classifications using
Journal of Economic Literature (JEL) Classification System
- G3 : Corporate Finance and Governance
- M : Business Administration and Business Economics; Marketing; Accounting
- C8 : Data Collection and Data Estimation Methodology; Computer Programs
Automatically Extracted Terms
- efficiency
- production
- assumption
- analysis
- input
- model
- measure
- efficiency measures
- journal
- research
- price
- output
- theory
- result
- approach
- estimate
- data envelopment analysis
- production assumptions
- error
- electricity
