Cost efficiency with triangular fuzzy number input prices: An application of DEA
H. Bagherzadeh valami
Chaos, Solitons & Fractals, 2009, vol. 42, issue 3, 1631-1637
Abstract:
The cost efficiency model (CE) has been considered by researchers as a Data Envelopment Analysis (DEA) model for evaluating the efficiency of DMUs. In this model, the possibility of producing the outputs of a target DMU is evaluated by the input prices of the DMU. This provides a criterion for evaluating the CE of DMUs. The main contribution of this paper is to provide an approach for generalizing the CE of DMUs when their input prices are triangular fuzzy numbers, where preliminary concepts of fuzzy theory and CE, are directly used.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:42:y:2009:i:3:p:1631-1637
DOI: 10.1016/j.chaos.2009.03.066
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