DEA Based Yardstick Competition in Natural Resource Management
AbstractIn this paper, we discuss the pros and cons of using Data Envelopment Analysis (DEA) to evaluate and enhance the efficiency of natural resource management. The need for a multi-dimensional production frontier approach is sketched, along with examples from other regulated multi-output industries. Also, reviews of the basic properties of DEA and DEA based yardstick competition are provided. Finally, we discuss the use of DEA based yardstick to evaluate bids in multi-dimensional procurement auctions.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics. Centre for Industrial Economics in its series CIE Discussion Papers with number 2002-04.
Length: 24 pages
Date of creation: Nov 2002
Date of revision:
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More information through EDIRC
Regulation; Incentives; Performance Evaluation; Auctions; Yardstick Competition; Data Envelopment Analysis (DEA);
Other versions of this item:
- Bogetoft, Peter & Nielsen, Kurt, 2003. "DEA based yardstick competition in natural resource management," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57928, Australian Agricultural and Resource Economics Society.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
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