Measuring the efficiency of decision making units

TL;DR: In this article, an in-depth cross-sectional analysis of the Turkish banking sector is presented, which explores the various bank, market and regulatory characteristics that may explain the efficiency variations across banks.

TL;DR: Hoyt and Liebenberg as mentioned in this paper investigated which aspects of enterprise risk management add value and found that the use of economic capital models and dedicated risk managers can improve operating performance, and that requiring the dedicated risk manager report to the board or to the chief executive officer (CEO) also increases value.

TL;DR: The proposed DEA‐based approach provides useful managerial implications in the measurement of supply chain efficiency and proves the usefulness of DEA as a decision‐making tool in supply chain.

TL;DR: Li et al. as discussed by the authors proposed two environmental energy efficiency indices, the pure energy efficiency and scale efficiency based on the slacks-based measure of efficiency in data envelopment analysis (SBM-DEA).

TL;DR: In this article, a unified treatment of cost and production functions underlie the economic theory of production is presented, and the duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems.

TL;DR: General competitive analysis, General competitive analysis as mentioned in this paper, General Competitive Analysis (GCA), general competitive analysis (GCA), GCA, GCA(GCA), GCA

TL;DR: In this paper, the authors present a mathematical interpretation of the duality between cost and production function, and present a heuristic principle of minimum costs and a Cobb-Douglas production function.