In this paper, a new classification model which combines the discriminant analysis and the data envelopment analysis and bases on on the multicriteria decision making is developed. Our suggested model utilizes the relative efficiency concept of the data envelopment analysis in predicting group membership of units. The study is supported with an application which examines a few selected socioeco...

In this paper, we re-examine Data Envelopment Analysis models from perspectives of preference order, production set and performance measure. we investigate the relationship between Data Envelopment Analysis (DEA) and Multiple Criteria Decision Making Theory. There are three key building blocks in a DEA model: preference order, production possibility set and performance measure. It is shown in t...

Park (2010) [8] presented a method to obtain the upper bound on efficiency in imprecise data envelopment analysis (IDEA) in which the envelopment model with imprecise data had been used. In this paper, we consider the dual model, the multiplier model, which involves the non-Archimedean element ε . Then, we define a model to determine the upper bound of ε . An assurance interval for the non-Arch...

This paper provides a sketch of some of the major research thrusts in data envelopment analysis (DEA) over the three decades since the appearance of the seminal work of Charnes et al. (1978) [Charnes, A., Cooper, W.W., Rhodes, E.L., 1978. Measuring the efficiency of decision making units. European Journal of Operational Research 2, 429–444]. The focus herein is primarily on methodological devel...

The decision to purchase one product rather than another becomes more difficult as the number of alternatives under consideration increases. Having to simultaneously evaluate a large number of product attributes among the alternatives can further complicate this decision process. Notebook personal computers are a good example of a product whose many attributes (e.g. price, performance, display ...

Benefit-cost analysis is required by law and regulation throughout the federal government. Robert Dorfman (1996) declares “Three prominent shortcomings of benefit-cost analysis as currently practiced are (1) it does not identify the population segments that the proposed measure benefits or harms (2) it attempts to reduce all comparisons to a single dimension, generally dollars and cents and (3)...