Effects of Data Envelopment Analysis on Performance Assessment: A Cognitive Approach
نویسنده
چکیده
This paper examines the Data Envelopment Analysis (DEA) methodology from a cognitive perspective. Specifically, it analyzes (a) the role of DEA scores as an overall efficiency measure and (b) to what extent the presence of DEA scores for a non-financial performance appraisal influences a posterior financial performance assessment. The study confirms that the efficiency score acts as a strong performance marker when deciding on which decision making units (DMUs) should be awarded for their non-financial performance. Furthermore, it shows that the results of the non-financial performance evaluation may act as an anchor which significantly influences a posterior financial assessment. These insights have practical consequences for planning, reporting, and controlling processes that incorporate DEA efficiency scores. Effects of Data Envelopment Analysis on Performance Assessment: A Cognitive Approach
منابع مشابه
An Integrated DEA and Data Mining Approach for Performance Assessment
This paper presents a data envelopment analysis (DEA) model combined with Bootstrapping to assess performance of one of the Data mining Algorithms. We applied a two-step process for performance productivity analysis of insurance branches within a case study. First, using a DEA model, the study analyzes the productivity of eighteen decision-making units (DMUs). Using a Malmquist index, DEA deter...
متن کاملTwo Methods for Measuring the Environmental Returns to Scale Using Data Envelopment Analysis Approach
Nowadays, the assessment of environmental performance has received considerable attention by environmental strategy advocators and decision makers. In recent years, increased emission of CO2 into the air, water pollution, and global warming are universal problems all over the world. Therefore, development of firms with less CO2 emission is an important issue of attention in every area of produc...
متن کاملPresenting a Hybrid Approach based on Two-stage Data Envelopment Analysis to Evaluating Organization Productivity
Measuring the performance of a production system has been an important task in management for purposes of control, planning, etc. Lord Kelvin said :“When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind.” Hence, manag...
متن کاملImproving the Banks Shareholder Long Term Values by Using Data Envelopment Analysis Model
Given the rapid development of the banking sector, it is reasonable to expect that the performance of banks has become the centre of attention among bank managers, stakeholders, policy makers, and regulators. In order to maximizing the share-holders’ satisfactory level, two bank efficiency measurement approaches, i.e. the production approach and the user cost approach, which are financial evalu...
متن کاملEvaluation and Complete Ranking of Islamic Azad University Unit Golestan Province with DEA Approach and a New Way of OEP / AHP+
Data envelopment analysis provides a theoretical framework for analyzing performance and measuring efficiency. Using data envelopment analysis, we can evaluate units and organizations and discuss about their efficiency or inefficiency. In performance assessment of organizations, the most important goal is to rank the units according to their efficiency. Since ranking decision making units in da...
متن کامل