Applications of Value Efficiency Analysis

How Value Efficiency Analysis Is Applied in Practice
  • Tarja Joro
  • Pekka J. Korhonen
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 218)


In this chapter we report three real-life applications of value efficiency analysis. The first one looks into the efficiency of academic research (Korhonen et al. 2001), the second one discusses benchmarking and applies value efficiency analysis into efficiency of parishes (Halme and Korhonen 2013), and the last one investigates the efficiency of bank branches using non-convex value efficiency analysis (Halme et al. 2014). Please note that the scores reported are efficiency scores—this is possible given that the combined orientation has not been used.


Data Envelopment Analysis Efficiency Score Efficiency Analysis Preference Information Efficient Frontier 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 2015

Authors and Affiliations

  • Tarja Joro
    • 1
  • Pekka J. Korhonen
    • 2
  1. 1.Department of Accounting, Operations and Information Systems Alberta School of BusinessUniversity of AlbertaEdmontonCanada
  2. 2.Department of Information and Service Economy School of BusinessAalto UniversityHelsinkiFinland

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