The existence of alternate optima for the DEA weights may reduce the usefulness of the cross-efficiency evaluation, since the ranking provided depends on the choice of weights that the different DMUs make. In this paper, we develop a procedure to carry out the cross-efficiency evaluation without the need to make any specific choice of DEA weights. The proposed procedure takes into consideration...

In order to evaluate the performance of the enterprise effectively and reasonably, a performance evaluation model is proposed based on optimized DEA algorithm with decision making units. First, a second goal is set on the basis of classic DEA algorithm, and the only public weight is further determined to make the minimizing sum of changes between the efficiency of public weights and the classic...

Energy, due to its increasing usage in various broad areas has been maintained as a vital factor in economic growth and development of societies. Meanwhile, natural gas is considered as one of the most important energy sources. Therefore, the efficiency and the productivity of the gas companies are crucial to be assessed. Numerous examples from industrial multistage processes including internal...

Operational performance evaluation and process improvement in hotels have been the focus of several studies, a number of which have used Data Envelopment Analysis (DEA) to evaluate the operational performance of hotels in different destinations. This study sets out to evaluate the operational efficiency of twenty-three tourist hotels in Taipei over five years (2003 to 2007) using DEA models and...

in this paper different channels of pomegranate marketing in lorestan province are identified and the economic evaluation of these path ways is discussed. for this purpose, the different marketing margins, the share of marketing agents of final price of product, marketing cost coefficient and marketing efficiency in each channel was calculated. the necessary cross-sectional data and information...

This paper empirically examines multifactor asset pricing models for the returns and expected returns on eighteen national equity markets. The factors are chosen to measure global economic risks. Although previous studies do not reject the unconditional mean variance efficiency of a world market portfolio, our evidence indicates that the tests are low in power, and the world market betas do not...