A three-system approach that integrates DEA, BSC, and AHP for museum evaluation
Antonella Basso () and
Stefania Funari
Decisions in Economics and Finance, 2020, vol. 43, issue 2, No 2, 413-441
Abstract:
Abstract This paper proposes to measure the museums performance with a model that combines the Data Envelopment Analysis (DEA) and Balanced Scorecard (BSC) methodologies with a third method, the analytic hierarchy process (AHP), which is often used to support decision making. Starting from the two-stage DEA–BSC model of Basso et al. (Omega Int J Manag Sci 81:67–84, 2018), which integrates DEA and BSC, we explore the advantages to consider also the AHP methodology, with the aim to include the judgement of some museums’ experts on the relative importance of the BSC perspectives in the performance evaluation model. A first approach uses directly the AHP priorities derived from the judgements expressed by the museums’ experts interviewed to determine the weights to aggregate the four BSC performance scores into an overall performance indicator. A second approach uses the judgments of the museums’ experts indirectly to introduce proper restrictions on the output weights of the second-stage DEA model. With this approach, we overcome the problem arising from the dispersion of the preferences within the group of experts, that may heavily affects the first approach. Both approaches proposed in this contribution are applied to the case study of the municipal museums of Venice.
Keywords: Performance evaluation; Data Envelopment Analysis (DEA); Balanced Scorecard (BSC); Analytic hierarchy process (AHP); Group decision making; Museums (search for similar items in EconPapers)
JEL-codes: C44 C61 Z11 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://link.springer.com/10.1007/s10203-020-00298-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:decfin:v:43:y:2020:i:2:d:10.1007_s10203-020-00298-4
Ordering information: This journal article can be ordered from
http://www.springer. ... ry/journal/10203/PS2
DOI: 10.1007/s10203-020-00298-4
Access Statistics for this article
Decisions in Economics and Finance is currently edited by Paolo Ghirardato
More articles in Decisions in Economics and Finance from Springer, Associazione per la Matematica
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().