| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1142659 | Operations Research Letters | 2013 | 5 Pages |
Abstract
We deal with diversification-consistent data envelopment analysis (DEA) tests suitable for accessing financial efficiency of investment opportunities. We will show that under nonnegative inputs and outputs, input–output oriented tests with variable return to scale introduced by M. Branda (2013) [7] are equivalent to input oriented tests with nonincreasing return to scale proposed by J.D. Lamb and K.-H. Tee (2012) [14]. Moreover, we will derive a linear programming formulation of the tests with CVaR deviations.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Martin Branda,