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Author:Ballestero, E.
Title:Measuring efficiency by a single price system
Journal:European Journal of Operational Research
1999 : JUN 16, VOL. 115:3, p. 616-623
Index terms:OPERATIONAL RESEARCH
MEASUREMENT
EFFICIENCY
Language:eng
Abstract:The authors propose a multi-criteria model to measure the relative levels of efficiency for a set of alternatives. Measurement is achieved by a single price system. This involves a marked difference between Data Envelopment Analysis (DEA) and the model herein. Neither the assumptions of the proposed model nor its mathematical solution are related to DEA. In contrast to DEA, the model allows for selecting a single efficiency optimum. Nowadays, efficiency is commonly analyzed by DEA.
SCIMA record nr: 194906
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