摘要：Choosing the best university has never been an easy decision and it has now become a thor- ough process with the rapidly increase in the education market. This paper examines the effi- ciency of Romanian universities by applying various multiple input – multiple output models. The estimators obtained were used in order to build the efficiency frontier and to rank the universities. The choice of input and output variables has proved to be crucial in the analysis and a reason for an in depth interpretation of the method used. I examined the effect of varia- bles choice on the performance of universities and also the effect of trade-off between re- search and teaching. This is the first nonparametric efficiency analysis conducted on Roma- nian universities and its results can be used by prospective students, university teachers, as well as the public and media.
