Performance Measurement Using Data Envelopment Analysis (DEA)
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The aim of this course is to provide an understanding of performance measurement and management with the cutting-edge tool of Data Envelopment Analysis (DEA) using Performance Improvement Management (PIM) Software Ltd (PIM-DEA). The focus is on the theory of DEA as well as applications in private and public sectors, providing delegates with tools that will enable them to carry out static and dynamic efficiency analysis using standard DEA models and interpret the model results.
The course will also provide an introduction to recent developments in DEA including treatment of varying returns to scale and density, modelling service performance, weight restrictions, productivity assessment, target setting and more, using advanced features of the Performance Improvement Management Software (PIM-DEA).
The course will cover a range of topics including:
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understanding of how efficiency analysis fits in the regulatory context
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principles underlying DEA
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in-depth review of fundamental DEA models considered in regulatory context
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case studies on performance measurement using DEA from European jurisdictions
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application of DEA to measure ‘static’ (catch-up) and ‘dynamic’ (rate of change) efficiencies
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hands-on experience of DEA software from the developers
The course will be delivered by Dr Srini Parthasarathy, Senior Consultant, and developer of ‘state-of-the-art’ procedures for speeding up computation of DEA models, and Professor Emmanuel Thanassoulis, Oxera Associate, (author of Introduction to the Theory and Application of Data Envelopment Analysis and co-developer of PIM-DEA software).
With an appropriate balance between techniques and interpretation, the workshop is intended to be accessible for non-specialists. The topics covered will be most useful for:
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economic regulators;
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regulatory analysts and managers in private and public sectors;
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managers in charge of operational efficiency;
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policy-makers in the areas of benchmarking and regulation.
Request the full programme:
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For more information, please contact the events team, +44 (0) 1865 253 248.
UTILITY REGULATION
UTILITY FINANCE
USING ECONOMICS IN COMPETITION CASES
PERFORMANCE MEASUREMENT USING STOCHASTIC FRONTIER ANALYSIS (SFA)
BESPOKE TRAINING