{"id":"https://openalex.org/W4412543168","doi":"https://doi.org/10.1007/s00291-025-00828-9","title":"Data envelopment analysis with shrinkage estimators","display_name":"Data envelopment analysis with shrinkage estimators","publication_year":2025,"publication_date":"2025-07-22","ids":{"openalex":"https://openalex.org/W4412543168","doi":"https://doi.org/10.1007/s00291-025-00828-9"},"language":"en","primary_location":{"id":"doi:10.1007/s00291-025-00828-9","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00291-025-00828-9","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00291-025-00828-9.pdf","source":{"id":"https://openalex.org/S2502551423","display_name":"OR Spectrum","issn_l":"0171-6468","issn":["0171-6468","1436-6304"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"OR Spectrum","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s00291-025-00828-9.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5084127837","display_name":"John D. Lamb","orcid":"https://orcid.org/0000-0002-5849-7772"},"institutions":[{"id":"https://openalex.org/I195460627","display_name":"University of Aberdeen","ror":"https://ror.org/016476m91","country_code":"GB","type":"education","lineage":["https://openalex.org/I195460627"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"John D. Lamb","raw_affiliation_strings":["University of Aberdeen Business School, University of Aberdeen, Aberdeen, Aberdeenshire, AB24 3FX, UK"],"raw_orcid":"https://orcid.org/0000-0002-5849-7772","affiliations":[{"raw_affiliation_string":"University of Aberdeen Business School, University of Aberdeen, Aberdeen, Aberdeenshire, AB24 3FX, UK","institution_ids":["https://openalex.org/I195460627"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036381353","display_name":"Kai\u2010Hong Tee","orcid":null},"institutions":[{"id":"https://openalex.org/I143804889","display_name":"Loughborough University","ror":"https://ror.org/04vg4w365","country_code":"GB","type":"education","lineage":["https://openalex.org/I143804889"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Kai-Hong Tee","raw_affiliation_strings":["Loughborough University Business School, Loughborough University, Loughborough, Leicestershire, LE11 3TU, UK"],"raw_orcid":"https://orcid.org/0000-0001-5696-2311","affiliations":[{"raw_affiliation_string":"Loughborough University Business School, Loughborough University, Loughborough, Leicestershire, LE11 3TU, UK","institution_ids":["https://openalex.org/I143804889"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5084127837"],"corresponding_institution_ids":["https://openalex.org/I195460627"],"apc_list":{"value":2390,"currency":"EUR","value_usd":2990},"apc_paid":{"value":2390,"currency":"EUR","value_usd":2990},"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.19608251,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"48","issue":"1","first_page":"117","last_page":"142"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9993000030517578,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9993000030517578,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11886","display_name":"Agricultural risk and resilience","score":0.9825999736785889,"subfield":{"id":"https://openalex.org/subfields/1111","display_name":"Soil Science"},"field":{"id":"https://openalex.org/fields/11","display_name":"Agricultural and Biological Sciences"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}},{"id":"https://openalex.org/T10969","display_name":"Water resources management and optimization","score":0.9789999723434448,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shrinkage","display_name":"Shrinkage","score":0.8306223154067993},{"id":"https://openalex.org/keywords/data-envelopment-analysis","display_name":"Data envelopment analysis","score":0.7292664051055908},{"id":"https://openalex.org/keywords/estimator","display_name":"Estimator","score":0.6287876963615417},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.49618250131607056},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.4650368094444275},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4370797872543335},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.33674225211143494},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.29460030794143677}],"concepts":[{"id":"https://openalex.org/C180145272","wikidata":"https://www.wikidata.org/wiki/Q7504144","display_name":"Shrinkage","level":2,"score":0.8306223154067993},{"id":"https://openalex.org/C22088475","wikidata":"https://www.wikidata.org/wiki/Q647974","display_name":"Data envelopment analysis","level":2,"score":0.7292664051055908},{"id":"https://openalex.org/C185429906","wikidata":"https://www.wikidata.org/wiki/Q1130160","display_name":"Estimator","level":2,"score":0.6287876963615417},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.49618250131607056},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.4650368094444275},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4370797872543335},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.33674225211143494},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.29460030794143677}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s00291-025-00828-9","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00291-025-00828-9","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00291-025-00828-9.pdf","source":{"id":"https://openalex.org/S2502551423","display_name":"OR Spectrum","issn_l":"0171-6468","issn":["0171-6468","1436-6304"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"OR Spectrum","raw_type":"journal-article"},{"id":"pmh:oai:figshare.com:article/30331165","is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/Data_envelopment_analysis_with_shrinkage_estimators/30331165","pdf_url":null,"source":{"id":"https://openalex.org/S4306402585","display_name":"Loughborough University Research Repository (Loughborough University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I143804889","host_organization_name":"Loughborough University","host_organization_lineage":["https://openalex.org/I143804889"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal contribution"}],"best_oa_location":{"id":"doi:10.1007/s00291-025-00828-9","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00291-025-00828-9","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00291-025-00828-9.pdf","source":{"id":"https://openalex.org/S2502551423","display_name":"OR Spectrum","issn_l":"0171-6468","issn":["0171-6468","1436-6304"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"OR Spectrum","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4412543168.pdf","grobid_xml":"https://content.openalex.org/works/W4412543168.grobid-xml"},"referenced_works_count":73,"referenced_works":["https://openalex.org/W130988232","https://openalex.org/W255480846","https://openalex.org/W645146114","https://openalex.org/W1213878625","https://openalex.org/W1485474720","https://openalex.org/W1598266570","https://openalex.org/W1975935631","https://openalex.org/W1982899954","https://openalex.org/W1984766746","https://openalex.org/W1985638399","https://openalex.org/W1987825980","https://openalex.org/W2002486343","https://openalex.org/W2008088727","https://openalex.org/W2008144378","https://openalex.org/W2018697056","https://openalex.org/W2019291268","https://openalex.org/W2023686146","https://openalex.org/W2033834012","https://openalex.org/W2035679598","https://openalex.org/W2042221267","https://openalex.org/W2047118926","https://openalex.org/W2050805317","https://openalex.org/W2052527666","https://openalex.org/W2059526210","https://openalex.org/W2062125287","https://openalex.org/W2079542821","https://openalex.org/W2090353485","https://openalex.org/W2091560152","https://openalex.org/W2134675596","https://openalex.org/W2140917889","https://openalex.org/W2160271195","https://openalex.org/W2160284481","https://openalex.org/W2166362129","https://openalex.org/W2169251735","https://openalex.org/W2170605716","https://openalex.org/W2172074964","https://openalex.org/W2185097968","https://openalex.org/W2404426245","https://openalex.org/W2515903151","https://openalex.org/W2522066333","https://openalex.org/W2526498581","https://openalex.org/W2544855046","https://openalex.org/W2588034453","https://openalex.org/W2785156748","https://openalex.org/W2808426176","https://openalex.org/W2886752158","https://openalex.org/W2975179473","https://openalex.org/W2990351738","https://openalex.org/W3025772377","https://openalex.org/W3037554409","https://openalex.org/W3086508552","https://openalex.org/W3091524915","https://openalex.org/W3096123305","https://openalex.org/W3120398973","https://openalex.org/W3123065893","https://openalex.org/W3123163666","https://openalex.org/W3123438191","https://openalex.org/W3125814160","https://openalex.org/W3126839824","https://openalex.org/W3193738839","https://openalex.org/W3205915172","https://openalex.org/W3216542766","https://openalex.org/W4220793889","https://openalex.org/W4247941414","https://openalex.org/W4251446738","https://openalex.org/W4283730175","https://openalex.org/W4290725517","https://openalex.org/W4300395170","https://openalex.org/W4301028492","https://openalex.org/W4372232588","https://openalex.org/W4383106965","https://openalex.org/W4399920527","https://openalex.org/W4404374536"],"related_works":["https://openalex.org/W2391958761","https://openalex.org/W2765453142","https://openalex.org/W2356780078","https://openalex.org/W2356008845","https://openalex.org/W255134961","https://openalex.org/W2348314720","https://openalex.org/W2243547089","https://openalex.org/W2316482937","https://openalex.org/W2253986335","https://openalex.org/W2768912651"],"abstract_inverted_index":{"Abstract":[0],"Shrinkage":[1],"estimators":[2,58,68,91,111],"reduce":[3],"estimation":[4,36,100],"risk":[5,37],"in":[6,21,48,74],"multivariate":[7],"statistics":[8],"such":[9],"as":[10],"mean":[11,70],"and":[12,46,71,76,106],"standard":[13,72],"deviation.":[14],"They":[15],"have":[16],"not":[17],"been":[18],"used":[19],"before":[20],"data":[22],"envelopment":[23],"analysis":[24],"(DEA).":[25],"By":[26],"considering":[27],"models":[28],"of":[29,42,44,116],"investment":[30],"fund":[31],"returns,":[32],"we":[33],"show":[34,63,86],"that":[35,56,108],"can":[38],"cause":[39],"the":[40,114],"range":[41],"estimates":[43,115,122],"inputs":[45],"outputs":[47],"a":[49,78],"DEA":[50,75,97],"model":[51],"to":[52,65,88,112,119],"be":[53],"overestimated":[54],"so":[55],"shrinkage":[57,67,79,99,110],"should":[59],"improve":[60,113],"them.":[61],"We":[62,84,95],"how":[64,87],"use":[66],"for":[69,81,92,103],"deviation":[73],"develop":[77],"estimator":[80],"expected":[82],"shortfall.":[83],"further":[85],"adapt":[89],"these":[90],"diversification-consistent":[93],"models.":[94],"illustrate":[96],"with":[98],"on":[101],"returns":[102],"hedge":[104],"funds":[105],"find":[107],"using":[109],"efficiencies":[117],"tends":[118],"increase":[120],"efficiency":[121],"without":[123],"substantially":[124],"changing":[125],"their":[126],"rank":[127],"order.":[128]},"counts_by_year":[],"updated_date":"2026-05-10T08:33:47.465468","created_date":"2025-10-10T00:00:00"}
