A unified approach to radial, hyperbolic, and directional efficiency measurement in data envelopment analysis
Margaréta Halická,
Maria Trnovska and
Aleš Černý
European Journal of Operational Research, 2024, vol. 312, issue 1, 298-314
Abstract:
The paper analyses properties of a large class of “path-based” Data Envelopment Analysis models through a unifying general scheme. The scheme includes the well-known oriented radial models, the hyperbolic distance function model, the directional distance function models, and even permits their generalisations. The modelling is not constrained to non-negative data and is flexible enough to accommodate variants of standard models over arbitrary data.
Keywords: Data envelopment analysis; Radial efficiency measures; Hyperbolic distance function; Directional distance function; Negative data (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:312:y:2024:i:1:p:298-314
DOI: 10.1016/j.ejor.2023.06.039
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