Determining a sequence of targets in DEA
S Lozano () and
G Villa
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S Lozano: Universidad de Sevilla
G Villa: Universidad de Sevilla
Journal of the Operational Research Society, 2005, vol. 56, issue 12, 1439-1447
Abstract:
Abstract Data Envelopment Analysis (DEA) can be used for assessing the relative efficiency of a number of operating units, finding, for each inefficient unit, a target operating point lying on the efficient frontier. Most DEA models project an inefficient unit onto a most distant target, which makes its attainment more difficult. In this paper, we advocate determining a sequence of targets, each one within an appropriate, short distance of the preceding. The proposed Constant Returns to Scale approach has two interesting features: (a) the sequence of targets ends in the efficient frontier and (b) the final, efficient target is generally closer to the original unit than the one-step projection is.
Keywords: Data Envelopment Analysis; efficient targets; Constant Returns to Scale; gradual efficiency improvement (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:56:y:2005:i:12:d:10.1057_palgrave.jors.2601964
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DOI: 10.1057/palgrave.jors.2601964
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