There has also been a fair degree of interest in the application of DEA in the securities markets. Studies have primarily focused on employing DEA to assess (i.e. measure efficiency and rank) investment funds, and to select securities for investment and portfolio construction. These studies have been briefly discussed in Chap. 3. This part of the book will provide a more detailed consideration of three applications within this domain, specifically in the area of securities valuation, an important component of the securities selection decision.
CITATION STYLE
Paradi, J. C., Sherman, H. D., & Tam, F. K. (2018). Securities market applications: Stock market valuation of securities and financial services – insights with DEA. In International Series in Operations Research and Management Science (Vol. 266, pp. 233–257). Springer New York LLC. https://doi.org/10.1007/978-3-319-69725-3_14
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