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Improving data envelopment analysis by the use of production trade-offs

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Podinovski, Victor V. (2007) Improving data envelopment analysis by the use of production trade-offs. Journal of the Operational Research Society, Vol.58 (No.10). pp. 1261-1270. doi:10.1057/palgrave.jors.2602302 ISSN 0160-5682.

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Official URL: http://dx.doi.org/10.1057/palgrave.jors.2602302

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Abstract

Production technologies in data envelopment analysis (DEA) are described in terms of inputs and outputs. Production trade-offs represent simultaneous changes to the inputs and outputs that are possible in the technology under consideration. Recently, a method for their incorporation in DEA models has been developed. It was shown that the use of production trade-offs not only improves the discrimination of DEA models but also preserves the traditional meaning of efficiency as a radial improvement factor for inputs and outputs. This new paper follows the above development and provides an example of its use in the assessment of efficiency of university departments. The paper avoids excessive technical detail which can be found in the previous publication and instead focuses on the implementation of this new technique.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculty of Social Sciences > Warwick Business School > Operational Research & Management Sciences
Journal or Publication Title: Journal of the Operational Research Society
Publisher: Palgrave Macmillan Ltd.
ISSN: 0160-5682
Official Date: October 2007
Dates:
DateEvent
October 2007Published
Volume: Vol.58
Number: No.10
Number of Pages: 10
Page Range: pp. 1261-1270
DOI: 10.1057/palgrave.jors.2602302
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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