Measuring the efficiency of NBA teams: additive efficiency decomposition in two-stage DEA |
| |
| Authors: | Chih-Hai Yang Hsuan-Yu Lin Chiang-Ping Chen |
| |
| Institution: | 1. Department of Economics, National Central University, 300, Jhongda Road, Jhongli, 320, Taiwan
2. Taiwan Institute of Economic Research, Taipei, Taiwan
|
| |
| Abstract: | This paper evaluates the efficiency of National Basketball Association (NBA) teams under a two-stage DEA framework. Applying the additive efficiency approach, we decompose overall team efficiency into first-stage wage efficiency and second-stage on-court efficiency and find out the individual endogenous weights for each stage. The empirical results show that NBA teams present a better performance on wage efficiency than for on-court efficiency, as on-court efficiency is influenced by many uncontrollable factors. Moreover, NBA teams, on average, tend to possess a higher weight on the first stage, suggesting that teams’ managers can enhance organizational efficiency more efficaciously by prudentially recruiting players. |
| |
| Keywords: | |
| 本文献已被 SpringerLink 等数据库收录！ |
|
