Invariant Multiplicative Efficiency and Piecewise Cobb-Douglas Envelopments.

Abstract

A new multiplicative efficiency formulation is developed wherein the efficiency values are invariant under changes in the units of measurement of outputs and inputs. It is shown that the associated Data Envelopment Analysis (DEA) implies that optimal envelopments are of piecewise Cobb-Douglas type. This leads to a new method for estimating frontier production functions of Cobb-Douglas type.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1982
Accession Number
ADA126239

Entities

People

  • Abraham Charnes
  • J. Stutz
  • L. Seiford
  • William W. Cooper

Organizations

  • University of Texas at Austin

Tags

DTIC Thesaurus Topics

  • Contracts
  • Contrast
  • Efficiency
  • Governments
  • Interdisciplinary Science
  • Linear Programming
  • Mathematics
  • Production
  • United States
  • United States Government
  • Universities

Fields of Study

  • Mathematics

Readers

  • European Security and Defence Policy (ESDP).
  • Industrial Economics
  • Regression Analysis.