The volume extends the recent techniques of data envelopment analysis
in dynamic and stochastic fields. Its outstanding features are: (1) a
comprehensive and up-to-date treatment of productive efficiency
analysis in the dynamic environment; (2) new insight into the
stochastic aspects of efficiency analysis including modern control
theory; and, (3) new applications in systems theory including flexible
manufacturing systems.
New results and applications are stressed in (1)
new growth theory in economics, (2) new time series models and (3) the
recent models of technological diffusion.
Audience: The
latest tools of efficiency analysis developed in this book, illustrated
by numerous real life applications, are most suitable for graduate
students and researchers in operations research, management science and
applied econometrics.