| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 483124 | European Journal of Operational Research | 2006 | 13 Pages |
Abstract
We discuss how to measure allocative efficiency without presuming technical efficiency. This is relevant when it is easier to introduce reallocations than improvements of technical efficiency. We compare the approach to the traditional one of assuming technical efficiency before measuring allocative efficiency. In particular, we develop necessary and sufficient conditions in the technology to ensure consistent measures, we suggest alternative interpretations of the approaches, and we relate them to motivational and organizational change perspectives.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Peter Bogetoft, Rolf Färe, Børge Obel,