Purpose: The main objective of the paper is to develop an investment model using data envelopment analysis (DEA) that provides a decision-making framework to allocate resources efficiently, such that the relative efficiency is improved within an available investment budget. Design/methodology/approach: Firstly, DEA models are used to evaluate the…

The major challenge of most basic schools is inadequate educational resources despite a conscious effort to constantly provide. This is a result of inaccurate data management leading to inappropriate predictions for effective planning. The actual efficiency of a system is determined by its ability to predict real-life data with speed and accuracy.…

Students who have graduated from high schools across the EU member states can choose from a wide variety of study programs and universities at which to pursue their degree studies. Each combination of a university and study program is unique, which further complicates student choice. Lack of information transparency regarding the unique…

Scarce human and fiscal resources of high value are spent in the field of education. Thus, the concept of efficiency, and particularly technical efficiency, that refers to the maximization of outputs at a given set of inputs, can be a possible contribution to the design of education policy and administration; mostly at a time of economic crisis as…

How to finance higher education remains controversial among policy makers and constituencies across the United States. Texas is not exempt from the controversy. With increasingly strained state finances, institutions of higher education and the Texas Higher Education Coordinating Board (THECB) have come under pressure to increase performance…

The "Comprehensive Allocation Process" (CAP) is a reproducible decision-making structure for the allocation of new collections funds, for the reallocation of funds within stagnant budgets, and for budget cuts in the face of reduced funding levels. This system was designed to overcome common shortcomings of current methods. Its philosophical…

Purpose: The purpose of this paper is to assess the research efficiency of the Chilean higher education institutions (HEIs). As it has been argued in the literature, universities in Chile are far from being considered research-oriented institutions. Current governmental reforms have put pressures on the efficient use of public resources,…

For decades educational researchers have attempted to find links between school funding and student achievement. These attempts have generated many contradictory viewpoints and have produced many unanswered questions. Ever increasing accountability on states, districts and schools combined with severe financial strain has made measuring school…

The recent court decision in Ohio requires that school districts spend a sufficient amount to insure that students are able to meet outcome objectives. Determination of adequate spending is complicated by the influence that fixed socioeconomic factors have on outcome provision; adequate spending will vary depending on the harshness of the…

This study proposes a methodology to serve as a guiding mechanism for the allocation and management of university financial resources taking efficiency as its objective. Specifically, an aid model is provided for decision making, so that the planning of staff policy within a university guarantees an equal treatment of all the teaching and research…

The Nebraska educational system is experiencing internal turmoil even though its students are highly ranked nationally on standardized tests and show a higher ratio of graduating high school than those in most other states. This report was commissioned by Nebraska education officials who were concerned that their state was not taking a large…