The changing economic conditions have challenged many financial institutions to search for more efficient and effective ways to assess emerging markets. Data Envelopment Analysis (DEA) is a widely used mathematical programming technique that compares the inputs and outputs of a set of homogenous Decision Making Units (DMUs) by evaluating their relative efficiency. In the conventional DEA model,...

Abstract: In the conventional data envelopment analysis (DEA), all the data assumes the form of crisp numerical values. However, the observed values of the input and output data in real-world problems are sometimes imprecise or vague. Some researchers have proposed various fuzzy methods for dealing with the imprecise and ambiguous data in DEA by constructing linear programming (LP) models with ...

In the evaluation of non-efficient units by Data Envelopment Analysis (DEA) referenced Decision Making Units (DMU’s) have an important role. Unfortunately DMU’s with extra ordinary output can lead to a monopoly in a reference set, the fact called abnormality due to the outliers' data. In this paper, we introduce a DEA model for evaluating DMU’s under this circumstance. The layer model can resul...

Abstract In this paper, we propose a bounded DEA based model to measure the overall risk of failure modes. In the proposed model risk is measured within the range of an interval, whose performance is definitely superior to any one. The risks, obtained from bounded DEA models, turn out to be all intervals and are referred to as interval risk, which combine the best and the worst relative risk in...

We propose a dynamic DEA model involving network structure in each period within the framework of a slacks-based measure approach. We have previously published the network SBM (NSBM) and the dynamic SBM (DSBM) models separately. Hence, this article is a composite of these two models. Vertically, we deal with multiple divisions connected by links of network structure within each period and, hori...

Along with the reform in electric power market and the establishment of bidding for access mechanism, the competition among the power generation enterprises is more intense. As a kind of renewable clean energy, wind power has the disadvantages of no pollution, low cost, but the wind power also has the inherent shortcoming of intermittence, random and instability. To evaluate the core competitiv...

data envelopment analysis (dea) is a technique that uses all collected observations to measure performance. this method presents no data about how to operate on dmu. the present research attempted to study a unit with all its subunits, if the unit is efficient, it means that all its subunits are efficient too and if it is an inefficient, it shows clearly that which one of the subunits makes ine...

Supply chain performance evaluation problems are complex problems with multiple criteria and multi-layered internal linking activities. Data Envelopment Analysis (DEA) has been used to evaluate the relative performance of organizational units called Decision Making Units (DMUs). However, the conventional DEA models cannot take into account the complex nature of supply chains with internal linki...