Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Benchmarking Economic Efficiency

Benchmarking Economic Efficiency

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783030843960
Condition
New
Product Description

This book unifies and extends the definition and measurement of economic efficiency and its use as a real-life benchmarking technique for actual organizations. Analytically, the book relies on the economic theory of duality as guiding framework. Empirically, it shows how the alternative models can be implemented by way of Data Envelopment Analysis. An accompanying software programmed in the open-source Julia language is used to solve the models. The package is a self-contained set of functions that can be used for individual learning and instruction. The source code, associated documentation, and replication notebooks are available online. The book discusses the concept of economic efficiency at the firm level, comparing observed to optimal economic performance, and its decomposition according to technical and allocative criteria. Depending on the underlying technical efficiency measure, economic efficiency can be decomposed multiplicatively or additively. Part I of the book deals with the classic multiplicative approach that decomposes cost and revenue efficiency based on radial distance functions. Subsequently, the book examines how these partial approaches can be expanded to the notion of profitability efficiency, considering both the input and output dimensions of the firm, and relying on the generalized distance function for the measurement of technical efficiency. Part II is devoted to the recent additive framework related to the decomposition of economic inefficiency defined in terms of cost, revenue, and profit. The book presents economic models for the Russell and enhanced graph Russell measures, the weighted additive distance function, the directional distance function, the modified directional distance function, and the Hlder distance function. Each model is presented in a separate chapter. New approaches that qualify and generalize previous results are also introduced in the last chapters, including the reverse directional distance function and the general direct approach. The book concludes by highlighting the importance of benchmarking economic efficiency for all business stakeholders and recalling the main conclusions obtained from many years of research on this topic. The book offers different alternatives to measure economic efficiency based on a set of desirable properties and advises on the choice of specific economic efficiency models.

Available Colors
Available Sizes
1 Offer Price Range: $119.00 - $119.00
BEST PRICE

Single Product Purchase

$119.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$119.00 $119.00

$119.00
See Site In stock Visit Store

Similar Products

Thomas Hardy After Fifty Years

$84.99

Perspectives on the Legislature and the Prospects of Accountability in Nigeria and South Africa

$109.99

Die HOAI 2021 verstehen und richtig anwenden

$59.99

Formeln und Fakten

$44.99

Geometry and Algebra of Multidimensional Three-Webs

$84.99

La luna de Januca

$4.46

The Engineers Error Coding Handbook

$109.99

Developmental Biology in Prokaryotes and Lower Eukaryotes

$279.99

Physik der Sonnen- und Himmelsstrahlung

$59.99

Interkultureller Unterricht

$49.99

High Efficiency Non-isolated DC-DC Converters with Wide Voltage Gain Range for Renewable Energies

$159.99

Computational Methods for Predicting Post-Translational Modification Sites

$169.99

Sets, Functions and Logic

$39.99

Anwendungsorientierte Aufgaben fr Mathematikveranstaltungen der Ingenieurstudiengnge

$74.99

Feminist Periodicals and Daily Life

$139.99

Das Schleifen und Polieren der Metalle

$44.99

Fiscal Sustainability and Competitiveness in Europe and Asia

$54.99

A Sofia Sanchez Picture Book: You Are Enough

$11.24

Frauen in Fhrung

$84.99

Fixed-Point Algorithms for Inverse Problems in Science and Engineering

$129.00

Risks and Regulation of New Technologies

$169.99

Interdisziplinre Anthropologie

$44.99

Mass Education, Global Capital, and the World

$54.99

VOB/A 2012 - Textausgabe/Text Edition

$39.99

Uyat and the Culture of Shame in Central Asia

$54.99

Handbook of Olive Oil: Analysis and Properties

$229.00

Advanced Hemodynamic Monitoring: Basics and New Horizons

$89.00

The PhD at the End of the World

$109.99

An Introduction to Wavelets Through Linear Algebra

$39.99

New Nanomaterials and Techniques for Tumor-targeted Systems

$84.99

Oriented Self-Assembly of Colloidal Semiconductor Nanoplatelets on Liquid Interfaces

$54.99

Hepatocellular Carcinoma

$109.99

The Assessment of German Cultural Landscapes

$54.99

Re-Imagined Universities and Global Citizen Professionals

$109.99

Effektives Personalmarketing

$59.99

Computational Granular Mechanics and Its Engineering Applications

$109.99

Gender and Couple Relationships

$54.99

Group Theory Applied to Chemistry

$99.99

Elements of Structural Optimization

$159.99

Crying Forests

$119.99