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1、P1:FZZCB688-Ray-SampleDRVCB688-RAYCB688-Ray-v1.clsJanuary28,200411:9ThispageintentionallyleftblankiiP1:FZZCB688-Ray-SampleDRVCB688-RAYCB688-Ray-v1.clsJanuary28,200411:9DATAENVELOPMENTANALYSISUsingtheneoclassicaltheoryofproductioneconomicsastheanalyticalframe-work
2、,thisbookprovidesauni?edandeasilycomprehensible,yetfairlyrigorous,expositionofthecoreliteratureondataenvelopmentanalysis(DEA)forreadersbasedindifferentdisciplines.ThevariousDEAmodelsaredevelopedasnon-parametricalternativestotheeconometricmodels.Apartfromthestanda
3、rdfareconsistingofthebasicinput-andoutput-orientedDEAmodelsformulatedbyCharnes,Cooper,andRhodesandBanker,Charnes,andCooper,thebookcoversmorerecentdevelopments,suchasthedirectionaldistancefunction,freedisposalhull(FDH)analysis,nonradialmeasuresofef?ciency,multipli
4、erbounds,merg-ersandbreakupof?rms,andmeasurementofproductivitychangethroughtheMalmquisttotalfactorproductivityindex.Thechapteronef?ciencymeasurementusingmarketpricesprovidesthecriticallinkbetweenDEAandtheneoclassicaltheoryofacompetitive?rm.Thebookalsocoverssevera
5、lformsofstochasticDEAindetail.SubhashC.RayhasservedonthefacultyintheDepartmentofEconomicsattheUniversityofConnecticut,Storrs,since1982.BeforemovingtotheUnitedStates,hetaughteconomicsatgraduateandundergraduatelevelsattheUniversityofKalyaniinWestBengal,India.Profes
6、sorRayhasheldvisitingfacultypositionsattheIndianStatisticalInstitute,Calcutta;UniversityofSydney;andtheUniversityofAlicante,Spain.Duringthefallsemesteroftheacademicyear2000–2001,hewasaFulbrightVisitingLecturerattheIndianInstitutesofManagement,CalcuttaandAhmedabad
7、,whereheofferedseminarcoursesonDEA.ProfessorRay’sresearchhasbeenpublishedinmajorprofessionaljournalsincludingAmericanEconomicReview;ManagementScience;TheEconomicJour-nal;EuropeanJournalofOperationalResearch;JournalofProductivityAnaly-sis;AmericanJournalofAgricult
8、uralEconomics;JournalofMoney,Credit,andBanking;JournalofBankingandFinance;InternationalJournalofSystemsSci-ence;JournalofForecasting;InternationalJournalofFore
