Using a non-parametric data envelopment analysis (DEA) approach, this paper compares the price of each car model in a segment of the personal car market with the best possible price in view of the technology available given its particular combination of characteristics.
Exploring the price efficiency within automotive markets – An application of data envelopment analysis
Pingjun JiangLa Salle University
INTRODUCTION
There has been considerable change in the automotive industry. Product life cycles have shortened,...
