A joint measurement of efficiency and effectiveness for ranking power distribution units in Iran: integrated data envelopment analysis approach
Mohammad Tavassoli,
Taliva Badizadeh and
Reza Farzipoor Saen
International Journal of Information and Decision Sciences, 2017, vol. 9, issue 4, 353-368
Abstract:
In recent years, data envelopment analysis (DEA) has been widely used to assess both technical efficiency and technical effectiveness. Although a number of studies have focused on performance evaluation of power distribution units, this sort of studies are rare in Iran. This paper proposes an integrated slack-based measure (ISBM) approach to measure both technical efficiency and technical effectiveness of Iranian's power distribution units. The proposed SBM-DEA model represents both non-storable features of power distribution industry and production technologies in a unified framework. The proposed approach not only measures technical efficiency and effectiveness of power distribution units, but also estimates overall efficiency of distribution units.
Keywords: data envelopment analysis; DEA; technical efficiency; technical effectiveness; overall efficiency; slacks-based measure; SBM. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijidsc:v:9:y:2017:i:4:p:353-368
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