New Efficiency Theory

With Applications of Data Envelopment Analysis

  • Jati K. Sengupta

Table of contents

  1. Front Matter
    Pages i-ix
  2. Jati K. Sengupta
    Pages 1-14
  3. Jati K. Sengupta
    Pages 15-51
  4. Jati K. Sengupta
    Pages 52-69
  5. Jati K. Sengupta
    Pages 70-100
  6. Jati K. Sengupta
    Pages 101-116
  7. Jati K. Sengupta
    Pages 117-145
  8. Jati K. Sengupta
    Pages 146-159
  9. Jati K. Sengupta
    Pages 160-174
  10. Back Matter
    Pages 175-176

About this book


New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new efficiency theory by highlighting the interface between economic theory and operations research.

Some of the outstanding features of this monograph are: (1) integrating the theory of firm efficiency and industry equilibrium, (2) emphasizing growth efficiency in a dynamic setting, (3) incorporating uncertainty of market demand and prices, and (4) the implications of group efficiency by sharing investments. Applications discuss in some detail the growth and decline of US computer industry, and the relative performance of mutual fund portfolios.


Analysis Cost efficiency Data Envelopment Analysis Economic efficiency Efficiency growth operations research

Authors and affiliations

  • Jati K. Sengupta
    • 1
  1. 1.Department of EconomicsUniversity of CaliforniaSanta BarbaraUSA

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2003
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-05728-1
  • Online ISBN 978-3-540-24791-3
  • About this book