Optimal Paths And Costs Of Adjustment In Dynamic DEA Models: With Application To Chilean Department Stores

@article{Mateo2006OptimalPA,
  title={Optimal Paths And Costs Of Adjustment In Dynamic DEA Models: With Application To Chilean Department Stores},
  author={Filadelfo de Mateo and Tim Coelli and Chris O'Donnell},
  journal={Annals OR},
  year={2006},
  volume={145},
  pages={211-227}
}
In this paper we propose a range of dynamic data envelopment analysis (DEA) models which allow information on costs of adjustment to be incorporated into the DEA framework. We first specify a basic dynamic DEA model predicated on a number of simplifying assumptions. We then outline a number of extensions to this model to accommodate asymmetric adjustment costs, non-static output quantities, non-static input prices, and nonstatic costs of adjustment, technological change, quasi-fixed inputs and… CONTINUE READING