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Rational Inefficiencies AgEcon
Bogetoft, Peter; Hougaard, Jens Leth.
In this paper, we suggest that inefficiency may be an indirect, on-the-job compensation to agents in an organization. We show how to use actual production data to reveal the trade-offs between different inefficiencies (slacks). Moreover, we discuss how to use this to improve productivity analysis as well as decision making and incentive provisions in organizations.
Tipo: Working or Discussion Paper Palavras-chave: Efficiency; Preferences; Incentives; Bargaining; Planning; Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/24191
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Super Efficiency Evaluations Based on Potential Slack AgEcon
Bogetoft, Peter; Hougaard, Jens Leth.
Super efficiency evaluations are introduced along the lines of the potential improvements approach in Bogetoft and Hougaard (1999). Both a reference selection and a related super efficiency index is defined. The new (potential slack) super efficiency index is compared to a Farrell-based super efficiency index (as in Andersen and Petersen 1993) with respect to convex envelopment technologies.
Tipo: Working or Discussion Paper Palavras-chave: Super efficiency; Potential slack; Reference selection; Efficiency index; DEA; Research Methods/ Statistical Methods.
Ano: 2000 URL: http://purl.umn.edu/24194
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