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Performance Gauging

  • Rolf Färe
Chapter
  • 111 Downloads
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 311)

Abstract

Firms may not always achieve their goal of minimizing cost, maximizing revenue or even maximizing scalar output. To measure the failure of achieving such goals a variety of efficiency measures are discussed in this chapter. Sections (9.1 – 9.5) deal with input and output based efficiency measures, and Sections (9.6 – 9.8) address various other aspects of efficiency measuring.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1988

Authors and Affiliations

  • Rolf Färe
    • 1
  1. 1.Department of EconomicsSouthern Illinois UniversityCarbondaleUSA

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