Extensions to Value Efficiency Analysis

Implementing New Features to Value Efficiency Analysis
  • Tarja Joro
  • Pekka J. Korhonen
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 218)


In this chapter, we provide an overview on possibilities to extend value efficiency analysis. First, we describe how to incorporate additional preference information into the analysis by using the “price” information of inputs and outputs. The extension is made in the spirit of cone ratio approach.


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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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