A two-stage DEA model to evaluate the overall performance of Canadian life and health insurance companies

被引:95
作者
Yang, ZJ [1 ]
机构
[1] Univ York, Atkinson Fac Liberal & Prof Studies, Sch Analyt Studies & Infomrat Technol, Toronto, ON M3J 1P3, Canada
关键词
data envelopment analysis; efficiency; life and health insurance industry; production; investment;
D O I
10.1016/j.mcm.2005.12.011
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
A two-stage data envelopment analysis (DEA) model is created to provide valuable managerial insights when assessing the dual impacts of operating and business strategies for the Canadian life and health (L&H) insurance industry. This new model allows integration of the production performance and investment performance for the insurance companies and provides management overall performance evaluation and how to achieve efficiency systematically for the insurers involved. The results also show that the Canadian L&H insurance industry operated fairly efficiently during the period examined (the year 1998). In addition, the scale efficiency in the Canadian L&H insurance industry is found in this study. (c) 2006 Elsevier Ltd. All rights reserved.
引用
收藏
页码:910 / 919
页数:10
相关论文
共 26 条
[1]  
[Anonymous], 2004, HDB DATA ENVELOPMENT
[2]  
[Anonymous], EUR J OPER RES
[3]   THE USE OF CATEGORICAL VARIABLES IN DATA ENVELOPMENT ANALYSIS [J].
BANKER, RD ;
MOREY, RC .
MANAGEMENT SCIENCE, 1986, 32 (12) :1613-1627
[4]   EFFICIENCY ANALYSIS FOR EXOGENOUSLY FIXED INPUTS AND OUTPUTS [J].
BANKER, RD ;
MOREY, RC .
OPERATIONS RESEARCH, 1986, 34 (04) :513-521
[5]   SOME MODELS FOR ESTIMATING TECHNICAL AND SCALE INEFFICIENCIES IN DATA ENVELOPMENT ANALYSIS [J].
BANKER, RD ;
CHARNES, A ;
COOPER, WW .
MANAGEMENT SCIENCE, 1984, 30 (09) :1078-1092
[6]   MAXIMUM-LIKELIHOOD, CONSISTENCY AND DATA ENVELOPMENT ANALYSIS - A STATISTICAL FOUNDATION [J].
BANKER, RD .
MANAGEMENT SCIENCE, 1993, 39 (10) :1265-1273
[7]  
Charnes A., 1984, Annals of Operations Research, V2, P95, DOI [10.1007/BF01874734, DOI 10.1007/BF01874734]
[8]  
Cooper W.W., 2000, Data envelopment analysis: A comprehensive text with models, applications, references and DEA-Solver software
[9]   Satisficing DEA models under chance constraints [J].
Cooper, WW ;
Huang, ZM ;
Li, SX .
ANNALS OF OPERATIONS RESEARCH, 1996, 66 :279-295
[10]   Chance constrained programming formulations for stochastic characterizations of efficiency and dominance in DEA [J].
Cooper, WW ;
Huang, ZM ;
Lelas, V ;
Li, SX ;
Olesen, OB .
JOURNAL OF PRODUCTIVITY ANALYSIS, 1998, 9 (01) :53-79