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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/64647


    Title: The LeChatelier principle in a DEA model
    Authors: 陳亞為;黃台心
    Chen, Yah-Wei;Huang, Tai-Hsin
    Contributors: 金融系
    Keywords: LeChatelier principle;Quasi-fixed inputs;Technical efficiency;Allocative efficiency
    Date: 2009-08
    Issue Date: 2014-03-17 14:15:46 (UTC+8)
    Abstract: This paper aims to relate the LeChatelier principle, first introduced into economics by Samuelson (1947), with the DEA approach through two propositions. These propositions allow for bridging the principle over a DEA model with and without the presence of non-discretionary inputs and enable one to make comparisons for the various efficiency measures under different conditions. The quasi-fixity of some inputs hinders a firm’s capacity from instantly and freely adjusting its input combination in order to minimize its production costs. The assumption that all inputs are discretionary tends to exaggerate managers’ability to dispense resources and renders invalid information on the adjustment of the current input mix.
    Relation: European Journal of Operational Research, 197(1), 371-373
    Data Type: article
    DOI link: http://dx.doi.org/10.1016/j.ejor.2008.06.020
    DOI: 10.1016/j.ejor.2008.06.020
    Appears in Collections:[Department of Money and Banking] Periodical Articles

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