Data envelopment analysis models of investment funds

This paper develops theory missing in the sizable literature that uses data envelopment analysis to construct return-risk ratios for investment funds. It explores the production possibility set of the investment funds to identify an appropriate form of returns to scale. It discusses what risk and re...

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Bibliographic Details

Main Authors:	John D. Lamb, Kai-Hong Tee
Format:	Default Article
Published:	2012
Subjects:	Other commerce, management, tourism and services not elsewhere classified Data envelopment analysis Investment fund Diversification Coherent risk measure Returns to scale Stochastic dominance Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/14797
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