Comparative Site Evaluations for Locating a High-Energy Physics Lab in Texas

Thompson, Russell G.; Singleton, F. D.; Thrall, Robert M.; Smith, Barton A.

doi:10.1287/inte.16.6.35

Cited by 566 publications

(200 citation statements)

References 5 publications

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“…However, extreme flexibility is also the object of criticism because it often produces an extreme inconsistency in the values of the shadow prices across DMUs. To avoid this inconsistency the DEA literature has suggested some solutions to restrict the range of acceptable values for those weights (Thompson et al 1996;Dyson and Thanassoulis 1988;Allen et al 1997;Roll et al 1991;Wong and Beasley 1990;Pedraja et al 1997;Sarrico and Dyson 2004).…”

Section: Methodsmentioning

confidence: 99%

Value efficiency analysis of health systems: does public financing play a role?

2010

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Aims/Background This study measures the performance of the health system in 165 countries and its relationship with public financing. Methods We use value efficiency analysis (VEA), a refinement of data envelopment analysis (DEA), to measure the efficiency of the health systems using data on healthy life expectancy and disability adjusted life years as health outcomes. Expenditure on health and education are used as inputs to the health system. Results The group of high income OECD countries shows the largest indexes of efficiency and also the lowest dispersion. In contrast, low income countries also have the most inefficient health systems, which implies that there are more opportunities for improvement. The average efficiency score is 0.96 for high income countries, 0.83 for upper-middle income countries, 0.86 for lower-middle income countries and only 0.76 for low income countries. Only 17 countries have a score equal to 1 and therefore are completely efficient and can be taken as referents. The index of efficiency is found to be positively associated with government expenditure on health as a percentage of total expenditure on health. ConclusionsThe analysis of the results shows that the public share in health expenditure and the weight of health expenditure in public budgets are two factors positively associated with the performance of the health systems. The study also highlights the advantages of using VEA over DEA in the measurement of performance.

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Section: Methodsmentioning

confidence: 99%

Value efficiency analysis of health systems: does public financing play a role?

2010

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“…In this framework, we can incorporate other important developments related to the virtual dual variables into the SBM model, e.g., the assurance region methods (Thompson et al (1986) (1997), Thompson and Thrall (1994)), the cone-ratio models (Charnes et al (1990), Tone (1997 )) among others. These modifications will contribute to enhance the potential usage of the model.…”

Section: The Dual Program Of the Sbm Model As Profit Maximizationmentioning

confidence: 99%

A slacks-based measure of efficiency in data envelopment analysis

Tone

2001

European Journal of Operational Research

4,031

2,012

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In this paper, we will propose a Slacks-Based measure (SBM) of efficiency in DEA. This scalar measure deals directly with the input surplus and the output shortage of the decision making unit (DMU) concerned. It is unit invariant and monotone decreasing with respect to input surplus and output shortage. Furthermore, this measure is decided only by consulting with the reference set of the DMU and is not affected by statistics over the whole data set. The new measure has a close connection with other measures proposed so far, e.g., CCR and BCC. The dual side of this model can be interpreted as profit maximization, in contrast to the ratio maximization of the CCR model. Numerical experiments show its validity as an efficiency measurement tool and its compatibility with other measures of efficiency.

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“…Several approaches have been developed to remedy this. Among them, the most relevant are the Assurance Region (AR) method developed by Thompson, Singleton, Thrall and Smith (1986) and the Cone-Ratio (CR) method developed by Charnes, Cooper, Wei and Huang (1989) and Charnes, Cooper, Sun and Huang (1990). The AR approach deals with the existence of large differences in input/output weights from DMU to another.…”

Section: Extensionsmentioning

confidence: 99%

Economic Efficiency and Frontier Techniques

Zamorano

2004

Journal of Economic Surveys

311

179

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Abstract. Most of the literature related to the measurement of economic efficiency has based its analysis either on parametric or on non-parametric frontier methods. The choice of estimation method has been an issue of debate, with some researchers preferring the parametric and others the non-parametric approach. The aim of this paper is to provide a critical and detailed review of both core frontier methods. In our opinion, no approach is strictly preferable to any other. Moreover, a careful consideration of their main advantages and disadvantages, of the data set utilized, and of the intrinsic characteristics of the framework under analysis will help us in the correct implementation of these techniques. Recent developments in frontier techniques and economic efficiency measurement such as Bayesian techniques, bootstrapping, duality theory and the analysis of sampling asymptotic properties are also considered in this paper.

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Comparative Site Evaluations for Locating a High-Energy Physics Lab in Texas

Cited by 566 publications

References 5 publications

Value efficiency analysis of health systems: does public financing play a role?

Value efficiency analysis of health systems: does public financing play a role?

A slacks-based measure of efficiency in data envelopment analysis

Economic Efficiency and Frontier Techniques

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