Super-efficiency data envelopment analysis (DEA) model is obtained when a decision making unit (DMU) under evaluation is excluded from the reference set. Because of the possible infeasibility of super-efficiency DEA model, the use of super-efficiency DEA model has been restricted to the situations where constant returns to scale (CRS) are assumed. It is shown that one of the input-oriented and ...

Data envelopment analysis (DEA) is a representative method to estimate efficient frontiers and derive efficiency. However, in a situation with weight restrictions on individual input–output pairs, its suitability has been questioned. Therefore, the main purpose of this paper is to develop a mathematical method, which we call the input-oriented ratio-based comparative efficiency model, DEA-R-I, ...

Data envelopment analysis (DEA) and multiple objective linear programming (MOLP) are tools that can be used in management control and planning. Whilst these two types of model are similar in structure, DEA is directed to assessing past performances as part of management control function and MOLP to planning future performance targets. This paper is devoted to investigating equivalence models an...

in data envelopment analyze (dea) the scale efficiency in the input-oriented ccr model is less than or equal to the scale efficiency in dea based on the fractional analysis (dea-r). also, the scale efficiency in case of multiple inputs and one output and vice versa the scale efficiencies are equal in dea and dea-r. in this paper, first, dea-r model with weight restrictions when there is relativ...

Because of the unreasonable and unnecessary weight restriction assumption, a barely noticeable deficiency in pseudo-inefficiency occurs at times when applying a CCR model. The CCR was the first model designed for Data Envelopment Analysis (DEA); it remains its most popular model. To detect this type of unobvious deficiency, this study compared the following: the efficiency score and optimal wei...

Data Envelopment Analysis (DEA) is a relatively new “data oriented” non-parametric approach for evaluating the performance of complex entities called Decision Making Units (DMUs) which convert multiple inputs into multiple outputs. DEA as a linear programming procedure computes a comparative ratio of outputs to inputs for each DMU, which is reported as the relative efficiency score. In a relati...

This paper describes the DEA-based investment strategy for constructing of a stock portfolio in the Croatian stock market. The relative efficiency of the DMUs, which are in this case the selected stocks from Zagreb Stock Exchange, is obtained from the output oriented CCR and BCC models. The set of inputs consists of risk measures, namely return variance, Value at Risk (VaR) and beta coefficient...

In data envelopment analyze (DEA) the scale efficiency in the input-oriented CCR model is less than or equal to the scale efficiency in DEA based on the fractional analysis (DEA-R). Also, the scale efficiency in case of multiple inputs and one output and vice versa the scale efficiencies are equal in DEA and DEA-R. In this paper, first, DEA-R model with weight restrictions when there is relativ...

Data envelopment analysis (DEA) is a non-parametric mathematical programming methodology used to not only evaluate the relative efficiencies of comparable decision making units (DMUs) with multiple inputs and outputs, but also provide efficiency targets for the DMUs. For a visualization of this method, see Figure 1. Since the incept of Charnes, Cooper and Rhodes (1978), DEA has gained increasin...

Data Envelopment Analysis (DEA) is a great approach used for measuring relative efficiencies and performance of a collection of Decision Making Units (DMUs). These used in the various forms, such as hospitals, universities, air force, banks, courts, business firms, and others, including the performance of countries, regions, etc. One of the earliest applications of DEA called Education. It was ...