Article ID: | iaor20132527 |
Volume: | 64 |
Issue: | 4 |
Start Page Number: | 619 |
End Page Number: | 621 |
Publication Date: | Apr 2013 |
Journal: | Journal of the Operational Research Society |
Authors: | Fre R, Grosskopf S, Margaritis D |
Keywords: | programming: linear |
In this note we extend the standard DEA paradigm to address the question of how one can price DMUs (decision‐making units). To do this we use an adjoint transformation to the technology generated by these DMUs which links to traditional linear programming theory of the firm and is similar to pricing portfolios in financial markets. We also provide a numerical example illustrating the practicality of the proposed method.