Data Envelopment Analysis - Basic Models and their Utilization
Martić Milan,
Novaković Marina and
Baggia Alenka
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Martić Milan: Faculty of Organizational Sciences, University of Belgrade, Jove Ilića 154, 11000 Belgrade, Serbia
Novaković Marina: Faculty of Organizational Sciences, University of Belgrade, Jove Ilića 154, 11000 Belgrade, Serbia
Baggia Alenka: Faculty of Organizational Sciences, University of Maribor, Kidričeva cesta 55a, 4000 Kranj, Slovenia
Organizacija, 2009, vol. 42, issue 2, 37-43
Abstract:
Data Envelopment Analysis (DEA) is a decision making tool based on linear programming for measuring the relative efficiency of a set of comparable units. Besides the identification of relatively efficient and inefficient units, DEA identifies the sources and level of inefficiency for each of the inputs and outputs. This paper is a survey of the basic DEA models. A comparison of DEA models is given. The effect of model orientation (input or output) on the efficiency frontier and the effect of the convexity requirements on returns to scale are examined. The paper also explains how DEA models can be used to assess efficiency.
Keywords: Efficiency; DEA models; Efficiency frontier; Efficiency; DEA models; Efficiency frontier (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:organi:v:42:y:2009:i:2:p:37-43:n:1
DOI: 10.2478/v10051-009-0001-6
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