Incorporating risk into bank efficiency: A satisficing DEA approach to assess the Greek banking crisis

作者：

Highlights：

• We propose a satisficing DEA model to measure the efficiency of the Greek banks.

• LLP are treated as a stochastic controllable input variable.

• Haircut losses on Greek bonds are treated as an uncontrollable input variable.

• The proposed frontier screens further some of the “best-in-class” banks.

摘要

•We propose a satisficing DEA model to measure the efficiency of the Greek banks.•LLP are treated as a stochastic controllable input variable.•Haircut losses on Greek bonds are treated as an uncontrollable input variable.•The proposed frontier screens further some of the “best-in-class” banks.

论文关键词：Data envelopment analysis,Finance and banking,Mathematical programming,Satisficing DEA

论文评审过程：Available online 29 December 2014.

论文官网地址：https://doi.org/10.1016/j.eswa.2014.12.033