FDH directional distance functions with an application to European commercial banks

被引:36
|
作者
Cherchye, L
Kuosmanen, T
Post, T
机构
[1] Catholic Univ Louvain, Ctr Econ Studies, B-3000 Louvain, Belgium
[2] Helsinki Sch Econ & Business Adm, Dept Econ & Management Sci, FIN-00101 Helsinki, Finland
[3] Erasmus Univ, Eramus Res Ctr Management, NL-3000 DR Rotterdam, Netherlands
[4] Erasmus Univ, Dept Finance & Accounting, NL-3000 DR Rotterdam, Netherlands
关键词
Free Disposable Hull (FDH); Data Envelopment Analysis (DEA); directional distance function; enumeration; banks;
D O I
10.1023/A:1011176325187
中图分类号
F [经济];
学科分类号
02 ;
摘要
We extend Free Disposable Hull (FDH) efficiency analysis towards the general directional distance function framework. The profit interpretation of directional distance functions is extended to the non-convex FDH technologies. In addition. we derive an efficient enumerative algorithm for computing distance measures in Free Disposable Hull (FDH) technologies, which applies to the entire (infinitely large) family of directional distance functions. A simple numerical example and an application to European commercial banks illustrate the algorithm.
引用
收藏
页码:201 / 215
页数:15
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