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DEA Based Yardstick Competition in Natural Resource Management

Author

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  • Peter Bogetoft

    (Royal Veterinary and Agricultural University, Denmark)

  • Kurt Nielsen

    (Royal Veterinary and Agricultural University, Denmark)

Abstract

In 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.

Suggested Citation

  • Peter Bogetoft & Kurt Nielsen, 2002. "DEA Based Yardstick Competition in Natural Resource Management," CIE Discussion Papers 2002-04, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
  • Handle: RePEc:kud:kuieci:2002-04
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    File URL: http://www.econ.ku.dk/cie/dp/dp_2000-2002/2002-04.pdf/
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Juan Aparicio & Mercedes Landete & Juan Monge & Inmaculada Sirvent, 2008. "A new pricing scheme based on DEA for iterative multi-unit combinatorial auctions," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 16(2), pages 319-344, December.
    2. Jens Leth Hougaard & Kurt Nielsen & Athanasios Papakonstantinou, 2012. "A Simple Multi-attribute Yardstick Auction Without Prior Scoring," MSAP Working Paper Series 02_2012, University of Copenhagen, Department of Food and Resource Economics.

    More about this item

    Keywords

    Regulation; Incentives; Performance Evaluation; Auctions; Yardstick Competition; Data Envelopment Analysis (DEA);

    JEL classification:

    • 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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