Abstract
We have two goals we wish to accomplish in this article. The first is the development of a framework for measuring efficiency in the full input–output space. This approach introduces a graph-type extension of the Farrell measure of technical efficiency. The second is the introduction of a weighting scheme for inputs and outputs, taking account of the particularity of the market summarized by input and output prices.
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Briec, W. A Graph-Type Extension of Farrell Technical Efficiency Measure. Journal of Productivity Analysis 8, 95–110 (1997). https://doi.org/10.1023/A:1007728515733
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DOI: https://doi.org/10.1023/A:1007728515733