DEA models with Russell measures

Wanfang Shen, Guoliang Yang, Zhongbao Zhou () and Wenbin Liu
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Wanfang Shen: Shandong University of Finance and Economics
Guoliang Yang: Chinese Academy of Sciences
Zhongbao Zhou: Hunan University
Wenbin Liu: University of Kent

Annals of Operations Research, 2019, vol. 278, issue 1, No 16, 337-359

Abstract: Abstract In real applications, data envelopment analysis models with Russell measures are widely used although their theoretical studies are scattered over the literature. They often have seemingly similar structures but play very different roles in performance evaluation. In this work, we systematically examine some of the models from the viewpoint of preferences used in their production possibility sets (PPS). We identify their key differences through the convexity and free-disposability of their PPS. We believe that this study will provide guidelines for the correct use of these models. Two empirical cases are used to compare their differences.

Keywords: DEA; Russell measures; Preference; Production possibility sets; Free disposability (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1007/s10479-018-2867-2

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