This paper surveys 130 studies that apply frontier efficiency analysis to financial institutions
in 21 countries. The primary goals are to summarize and critically review empirical estimates …

The purpose of this paper is to briefly trace the evolution of DEA from the initial publication
by Charnes et al.(1978b) to the current state of the art (SOA). The state of development of …

In recent years there has been an exponential growth in the number of publications related
to theory and applications of Data Envelopment Analysis (DEA). Charnes, Cooper, and …

The efficiency of decision processes which can be divided into two stages has been
measured for the whole process as well as for each stage independently by using the …

We propose a set of consistency conditions which frontier efficiency measures should meet
to be most useful for regulatory analysis or other purposes. The efficiency estimates should …

In this paper we use multi-output distance functions to investigate technical inefficiency in
European railways. The principle aim of the paper is to compare the results obtained from …

Recently in the insurance sector, efficiency measurement of insurance firms has attracted
great interest from investors, financial market analysts, insurance regulators, and …

The objective of this paper is to provide new information on the performance of efficiency
estimation methods by applying a wide range of econometric and mathematical …

This chapter reviews the modern frontier efficiency and productivity methodologies that have
been developed to analyze firm performance, emphasizing applications to the insurance …

This paper argues that the private-public ownership factor should be differentiated from
other factors that also influence the effect of privatization on efficiency. This is empirically …