How to cite this paper
Mousavi, M & Jafari, S. (2015). Measuring the relative efficiency of insurance industry: Evidence from Tehran Stock Exchange.Management Science Letters , 5(11), 999-1004.
Refrences
Andersen, P., & Petersen, N. C. (1993). A procedure for ranking efficient units in data envelopment analysis, Management Science, 39, 1261-1264.
Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some models for estimating technical and scale inefficiencies in data envelopment analysis.Management science, 30(9), 1078-1092.
Banker, R. D., & Thrall, R. M. (1992). Estimation of returns to scale using data envelopment analysis. European Journal of Operational Research, 62(1), 74-84.
Barros, C. P., Nektarios, M., & Assaf, A. (2010). Efficiency in the Greek insurance industry. European Journal of Operational Research, 205(2), 431-436.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (1998). DEA evaluations of the efficiency of organizational forms and distribution systems in the US property and liability insurance industry.International Journal of Systems Science, 29(11), 1235-1247.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (2004). Evaluating solvency versus efficiency performance and different forms of organization and marketing in US property––liability insurance companies.European Journal of Operational Research, 154(2), 492-514.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (2005). Financial intermediary versus production approach to efficiency of marketing distribution systems and organizational structure of insurance companies. Journal of Risk and Insurance, 72(3), 393-412.
Charnes, A., Cooper, W. W., Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of the Operational Research, 2, 429–44.
Charnes, A., Cooper, W. W., Lewin, A., Seiford, L. M. (1994). Data envelopment analysis: theory, methodology and applications. Massachusetts: Kluwer Academic Publishers.
Chen, T. Y. (1998). Determining the comparative efficient units of insurance industries through DEA. Journal of Professional Services Marketing, 18(2), 105-118.
Cummins, J. D., & Zi, H. (1997). Measuring cost efficiency in the US life insurance industry: Econometric and mathematical programming approaches.Financial Institutions Center, The Wharton School Working Paper, University of Pennsylvania.
Cummins, J. D., Weiss, M. A., & Zi, H. (2003). Economies of scope in financial services: A DEA bootstrapping analysis of the US insurance industry.Unpublished manuscript, The Wharton School, Philadelphia, PA.
Cummins, J. D., & Weiss, M. A. (2013). Analyzing firm performance in the insurance industry using frontier efficiency and productivity methods. InHandbook of insurance (pp. 795-861). Springer New York.
Diboky, F., & Ubl, E. (2007, September). Ownership and efficiency in the German life insurance market: A DEA bootstrap approach. In 34th Seminar of the European Group of Risk and Insurance Economists (EGRIE), June.
Hardwick, P., Adams, M. B., & Hong, Z. (2003). Corporate governance and cost efficiency in the United Kingdom life insurance industry. European Business Management School, University of Wales, Swansea.
Md Saad, N., Idris, H., & Edzalina, N. (2011). Efficiency of life insurance companies in Malaysia and Brunei: a comparative analysis. International Journal of Humanities and Social Science, 1(3), 111-122.
Kasman, S., & Turgutlu, E. (2007, January). A comparison of chance-constrained DEA and stochastic frontier analysis: An application to the Turkish life insurance industry. In 8 Congreso Turco de Econometr?a y Estad?stica, Malasia.
Klumpes, P. J. (2004). Performance benchmarking in financial services: Evidence from the UK life insurance industry. The Journal of Business, 77(2), 257-273.
Retzlaff-Roberts, D., & Puelz, R. (1996). Classification in automobile insurance using a DEA and discriminant analysis hybrid. Journal of Productivity Analysis,7(4), 417-427.
Saad, N. M., Majid, M. S. A., Yusof, R. M., Duasa, J., & Rahman, A. R. A. (2006). Measuring efficiency of insurance and Takaful companies in Malaysia using data envelopment analysis (DEA). Review of Islamic Economics, 10(2), 5.
Shujie, Y. A. O., Zhongwei, H., & Genfu, F. E. N. G. (2007). On technical efficiency of China & apos; s insurance industry after WTO accession. China Economic Review, 18(1), 66-86.
Sinha, D., Pratap, R., & Chatterjee, B. (2009). Are Indian life insurance companies cost efficient?. Biswajit, Are Indian Life Insurance Companies Cost Efficient.
Wei, H. (2009). Efficiency of insurance fund utilization in China & apos; s insurance companies: A resource-based two-stage DEA model. Economic Research Journal, 8, 37-49.
Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some models for estimating technical and scale inefficiencies in data envelopment analysis.Management science, 30(9), 1078-1092.
Banker, R. D., & Thrall, R. M. (1992). Estimation of returns to scale using data envelopment analysis. European Journal of Operational Research, 62(1), 74-84.
Barros, C. P., Nektarios, M., & Assaf, A. (2010). Efficiency in the Greek insurance industry. European Journal of Operational Research, 205(2), 431-436.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (1998). DEA evaluations of the efficiency of organizational forms and distribution systems in the US property and liability insurance industry.International Journal of Systems Science, 29(11), 1235-1247.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (2004). Evaluating solvency versus efficiency performance and different forms of organization and marketing in US property––liability insurance companies.European Journal of Operational Research, 154(2), 492-514.
Brockett, P. L., Cooper, W. W., Golden, L. L., Rousseau, J. J., & Wang, Y. (2005). Financial intermediary versus production approach to efficiency of marketing distribution systems and organizational structure of insurance companies. Journal of Risk and Insurance, 72(3), 393-412.
Charnes, A., Cooper, W. W., Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of the Operational Research, 2, 429–44.
Charnes, A., Cooper, W. W., Lewin, A., Seiford, L. M. (1994). Data envelopment analysis: theory, methodology and applications. Massachusetts: Kluwer Academic Publishers.
Chen, T. Y. (1998). Determining the comparative efficient units of insurance industries through DEA. Journal of Professional Services Marketing, 18(2), 105-118.
Cummins, J. D., & Zi, H. (1997). Measuring cost efficiency in the US life insurance industry: Econometric and mathematical programming approaches.Financial Institutions Center, The Wharton School Working Paper, University of Pennsylvania.
Cummins, J. D., Weiss, M. A., & Zi, H. (2003). Economies of scope in financial services: A DEA bootstrapping analysis of the US insurance industry.Unpublished manuscript, The Wharton School, Philadelphia, PA.
Cummins, J. D., & Weiss, M. A. (2013). Analyzing firm performance in the insurance industry using frontier efficiency and productivity methods. InHandbook of insurance (pp. 795-861). Springer New York.
Diboky, F., & Ubl, E. (2007, September). Ownership and efficiency in the German life insurance market: A DEA bootstrap approach. In 34th Seminar of the European Group of Risk and Insurance Economists (EGRIE), June.
Hardwick, P., Adams, M. B., & Hong, Z. (2003). Corporate governance and cost efficiency in the United Kingdom life insurance industry. European Business Management School, University of Wales, Swansea.
Md Saad, N., Idris, H., & Edzalina, N. (2011). Efficiency of life insurance companies in Malaysia and Brunei: a comparative analysis. International Journal of Humanities and Social Science, 1(3), 111-122.
Kasman, S., & Turgutlu, E. (2007, January). A comparison of chance-constrained DEA and stochastic frontier analysis: An application to the Turkish life insurance industry. In 8 Congreso Turco de Econometr?a y Estad?stica, Malasia.
Klumpes, P. J. (2004). Performance benchmarking in financial services: Evidence from the UK life insurance industry. The Journal of Business, 77(2), 257-273.
Retzlaff-Roberts, D., & Puelz, R. (1996). Classification in automobile insurance using a DEA and discriminant analysis hybrid. Journal of Productivity Analysis,7(4), 417-427.
Saad, N. M., Majid, M. S. A., Yusof, R. M., Duasa, J., & Rahman, A. R. A. (2006). Measuring efficiency of insurance and Takaful companies in Malaysia using data envelopment analysis (DEA). Review of Islamic Economics, 10(2), 5.
Shujie, Y. A. O., Zhongwei, H., & Genfu, F. E. N. G. (2007). On technical efficiency of China & apos; s insurance industry after WTO accession. China Economic Review, 18(1), 66-86.
Sinha, D., Pratap, R., & Chatterjee, B. (2009). Are Indian life insurance companies cost efficient?. Biswajit, Are Indian Life Insurance Companies Cost Efficient.
Wei, H. (2009). Efficiency of insurance fund utilization in China & apos; s insurance companies: A resource-based two-stage DEA model. Economic Research Journal, 8, 37-49.