Profit efficiency analysis under limited information with an application to German farm types

Lack of information about technology and prices often hampers the empirical assessment of the profit maximization hypothesis (viz. by measuring the degree of profit efficiency). The non-parametric Data Envelopment Analysis (DEA) methodology can deal with such incomplete information. We exploit the implicit but largely neglected profit interpretation of the DEA model that builds on assumptions of monotone and convex production possibility sets. We show how its embedded assessment of necessary conditions for profit maximization can be strengthened given partial information in the form of monetary sub-cost/-revenue data (that are often easier obtained than the pure quantity data). Finally, we argue that a ‘mix’ efficiency analysis is naturally complementary to such a profit efficiency analysis. An application to German farm types complements our methodological discussion. By using non-parametric statistical tests, we further demonstrate the potential of the non-parametric approach in deriving strong and robust statistical evidence while imposing minimal structure on the setting under study. In particular, we look for significant efficiency variation over regions.     

Turnover turned over: an expanded and positive perspective

The negative impact of turnover is well documented in the literature. This paper examines turnover with a unique, positive focus. Turnover is reviewed, not only from the standpoint of the organizational theorist, but with economic, sociological, and psychological/social psychological perspectives. Often ignored benefits of turnover are noted.     

Forecasting: A hybrid approach

It has recently been shown that the Box-Jenkins approach to forecasting time series is superior to an econometric approach over a relatively short horizon. The results here support this contention. A combination of the two approaches, however, proves to be clearly superior to either one separately. By taking account of changes in economic and weather related variables in a time series model, improved forecasts are obtained.     

Corporate social responsibility: an assessment of the enlightened self-interest model

Much recent discussion of corporate social responsibility has concerned operationality. Many activities subsumed under corporate social responsibility can be shown to be public or partially public goods. The theory of public goods can clarify and explain some complex problems of operationalizing the social responsibility doctrine. An examination of philanthropy provides some behavioral applications.     

The Impact of Racism on Social Work Education

One of the most difficult problems in teaching social services has to do with the development of an analytic framework for an understanding of the delivery of social services within the community. This paper examines a particular systems framework that allows the student to conceptualize and evaluate what services are being delivered, what specific inputs and connections of agency with community act to produce this service, and what changes in the system may be possible. The model allows ready connection with practice, policy, and research components of the curriculum.     

The impact of non-bottleneck variation in a manufacturing cell

Protective capacity is the 'extra' capacity placed at non-bottleneck resources to absorb random disruptions in planned levels of performance so that the bottleneck resource continues to be effectively utilized. A full factorial experiment with a simulation model was conducted to explore issues associated with the quantity and location of processing variance in a five-station manufacturing cell. The cell's performance was measured using both mean flow time ( MFT ) and bottleneck shiftiness ( SHIFT ) for 3 patterns of variance for the non-bottlenecks at 5 different levels of variation. In order to investigate the importance of the quantity of added capacity on the variation both a low level of protective capacity (10%) and a high level (50%) were considered. The results indicate that having the higher variation work centres close to the bottleneck provides reduced MFT and SHIFT . The performance measures improved at both the low and high setting of protective capacity.     

Concepts and Precepts In Social Work Education

While a single elective course in human sexuality is a useful supplement to core social work courses in preparing students for the sex-related problems they will encounter, a more comprehensive sequence of learning experiences is necessary for those who wish to develop greater competence in this area.

This article describes such a sequence offered by the University of Hawaii School of Social Work which focuses on treating and preventing sex-related problems experienced by various populations, particularly the sexually oppressed These learning experiences include class and field activities, research projects, and guided experiences as sex educators at local agencies, as producers of a weekly radio program, and as leaders of small discussion groups for a basic sex education course.     

The estimation of derivatives of a nonparametric regression function when the data are correlated

A kernel estimator of a derivative of arbitrary order of a nonparametric average population curve is considered for a correlated-errors model with balanced replicate measurements at each design point. Asymptotic expansions of the mean squared error are derived for two classes of correlation functions in the model. Consistency, choice of smoothing parameter, and rates of convergence are examined for the important special cases of estimating the first and second derivatives.