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Input Measures of Technical Efficiency: An Axiomatization

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Author Info
Flemming Christensen (Institute of Economics, University of Copenhagen)
Jens Leth Hougaard (Institute of Economics, University of Copenhagen)

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Abstract

Several axioms have been proposed for the axiomatization of input measures of technical efficiency. In this paper our primary concern is the Färe-Lovell efficiency measure. It is shown that this measure can be characterized by a set of five independent axioms.

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Publisher Info
Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 91-22.

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Length: 10 pages
Date of creation: Dec 1991
Date of revision:
Handle: RePEc:kud:kuiedp:9122

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