Budget efficiency performance in Formula 1
| dc.contributor.Mentor | Ertola Navajas, Gabriela | |
| dc.creator.Autor | Afflitto, Pedro | |
| dc.date.accessioned | 2022-09-29T20:39:23Z | |
| dc.date.available | 2022-09-29T20:39:23Z | |
| dc.date.issued | 2022-07 | |
| dc.description | Fil: Afflitto, Pedro. Universidad de San Andrés. Departamento de Economía; Argentina. | |
| dc.description.abstract | This study will assess the efficiency of different F1 teams -or Constructors- based on their budget and points obtained during a racing season. A Data Envelopment Model (DEA) is used to measure each team's efficiency relative to each other. Teams or decision making units -as defined by the model- that lie on the efficient frontier are deemed efficient. We have conducted our analysis using data from 2008 to 2020 for a total of thirteen years. Most teams are inefficient, not only relative to each other but to their scale efficiency. The model also suggests projected budgets based on each constructor´s performance so that they may achieve the same result more efficiently. We will discuss the feasibility of these projections providing a variety of possible solutions and strategies taking into consideration Formula 1's current context and a detailed breakdown of a Constructor's cost. | |
| dc.format | application/pdf | |
| dc.identifier.uri | http://hdl.handle.net/10908/22386 | |
| dc.language | eng | |
| dc.publisher | Universidad de San Andrés. Departamento de Economía | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.rights | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.title | Budget efficiency performance in Formula 1 | |
| dc.type | Tesis | |
| dc.type | info:eu-repo/semantics/bachelorThesis | |
| dc.type | info:ar-repo/semantics/tesis de grado | |
| dc.type | info:eu-repo/semantics/updatedVersion |
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