search query: @indexterm data envelopment analysis / total: 123
reference: 81 / 123
| Author: | Halme, M. (et al.) |
| Title: | A value efficiency approach to incorporating preference information in data envelopment analysis |
| Journal: | Management Science
1999 : JAN, VOL. 45:1, p. 103-115 |
| Index terms: | Efficiency Data envelopment analysis Decision making Value analysis Preferences Models |
| Language: | eng |
| Abstract: | In this paper, a procedure and the requisite theory are developed for incorporating preference information in a novel way in the efficiency analysis of Decision Making Units. The efficiency of Decision Making Units is defined in the spirit of Data Envelopment Analysis (DEA), complemented with Decision Maker's preference information concerning the desirable structure of inputs and outputs. The resulting Value Efficiency scores are optimistic approximations of the true scores. The procedure and the resulting efficiency scores are immediately applicable to solving practical problems. |
SCIMA