13,932 research outputs found
A reasonable benchmarking frontier using DEA : an incentive scheme to improve efficiency in public hospitals
There exists research relating management concepts with productivity measurement methods that
offers useful solutions for improving management control in the public sector. Within this sphere,
we connect agency theory with efficiency analysis and describe how to define an incentives
scheme that can be applied in the public sector to monitor the efficiency and productivity of
managers. To fulfill the main objective of this research, we propose an iterative process for
determining what we define as a ‘reasonable frontier’, a concept that provides the foundation
required to establish the incentive scheme for the managers. Our ‘reasonable frontier’ has the
following properties: i) it detects the presence of outliers, ii) it proposes a procedure to establish
the influence introduced by extreme observations, and iii) it sorts out the problem of data masking.
The proposed method is applied to a sample of hospitals taken from the public network of the
Spanish health service. The results obtained confirm the applicability of the proposal made.
Summing up, we define and apply a useful method, combining aspects of agency theory and
efficiency analysis, which is of interest to those public authorities trying to design effective
incentive schemes which influence the decision making of the public managers
Generalized Newton's Method based on Graphical Derivatives
This paper concerns developing a numerical method of the Newton type to solve
systems of nonlinear equations described by nonsmooth continuous functions. We
propose and justify a new generalized Newton algorithm based on graphical
derivatives, which have never been used to derive a Newton-type method for
solving nonsmooth equations. Based on advanced techniques of variational
analysis and generalized differentiation, we establish the well-posedness of
the algorithm, its local superlinear convergence, and its global convergence of
the Kantorovich type. Our convergence results hold with no semismoothness
assumption, which is illustrated by examples. The algorithm and main results
obtained in the paper are compared with well-recognized semismooth and
-differentiable versions of Newton's method for nonsmooth Lipschitzian
equations
A reasonable benchmarking frontier using DEA : an incentive scheme to improve efficiency in public hospitals
There exists research relating management concepts with productivity measurement methods that offers useful solutions for improving management control in the public sector. Within this sphere, we connect agency theory with efficiency analysis and describe how to define an incentives scheme that can be applied in the public sector to monitor the efficiency and productivity of managers. To fulfill the main objective of this research, we propose an iterative process for determining what we define as a ‘reasonable frontier’, a concept that provides the foundation required to establish the incentive scheme for the managers. Our ‘reasonable frontier’ has the following properties: i) it detects the presence of outliers, ii) it proposes a procedure to establish the influence introduced by extreme observations, and iii) it sorts out the problem of data masking. The proposed method is applied to a sample of hospitals taken from the public network of the Spanish health service. The results obtained confirm the applicability of the proposal made. Summing up, we define and apply a useful method, combining aspects of agency theory and efficiency analysis, which is of interest to those public authorities trying to design effective incentive schemes which influence the decision making of the public managers.
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