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Input Efficiency Measures: A Generalized, Encompassing Formulation

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  • Walter Briec

    (LAMPS, University of Perpignan, Perpignan, France)

  • Laurent Cavaignac

    (Centre du Droit Economique et du Développement, University of Perpignan, Perpignan, France)

  • Kristiaan Kerstens

    (IESEG School of Management, CNRS, Université de Lille, UMR 9221-LEM, Lille, France)

Abstract

This contribution defines a new generalized input efficiency measure which encompasses and thus links four well-known input efficiency measures: the Debreu-Farrell measure, the Färe-Lovell measure, the asymmetric Färe measure, and the multiplicative Färe-Lovell measure. The axiomatic properties of this new measure are studied. The generalized input efficiency measure naturally leads to the definition of new measures as special cases. It also provides a general framework for testing the choice of efficiency measures. Examples of mathematical programming models in specific cases are established to illustrate this new measure.

Suggested Citation

  • Walter Briec & Laurent Cavaignac & Kristiaan Kerstens, 2020. "Input Efficiency Measures: A Generalized, Encompassing Formulation," Operations Research, INFORMS, vol. 68(6), pages 1836-1849, November.
  • Handle: RePEc:inm:oropre:v:68:y:2020:i:6:p:1836-1849
    DOI: 10.1287/opre.2019.1963
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