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Assessing the relative efficiency of decision making units using DEA models with weight restrictions
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UNSPECIFIED (1998) Assessing the relative efficiency of decision making units using DEA models with weight restrictions. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 49 (5). pp. 500-508. ISSN 0160-5682.
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Abstract
In models of data envelopment analysis (DEA), an optimal set of input and output weights is generally assumed to represent the assessed decision making unit (DMU) in the best light in comparison to all the other DMUs. The paper shows that this may not be comet if absolute weight bounds or some other weight restrictions are added to the model. A consequence may be that the model will underestimate the relative efficiency of DMUs. The incorporation of weight restrictions in a maximin DEA model is suggested. This model can be further converted to more operational forms, which are similar to the classical DEA models.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management | ||||
Journal or Publication Title: | JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY | ||||
Publisher: | STOCKTON PRESS | ||||
ISSN: | 0160-5682 | ||||
Official Date: | May 1998 | ||||
Dates: |
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Volume: | 49 | ||||
Number: | 5 | ||||
Number of Pages: | 9 | ||||
Page Range: | pp. 500-508 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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