Evaluating Power Plant Efficiency: Hierarchical Models

Wade D. Cook (), D. Chai, J. Doyle () and R. Green ()
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Wade D. Cook: York University
D. Chai: York University
J. Doyle: Cardiff University
R. Green: University of Bath

Chapter Chapter 17 in Data Envelopment Analysis, 2014, pp 405-430 from Springer

Abstract: Abstract In many efficiency-measurement settings there are identifiable groups or clusters of DMUs whose impacts should be captured in the analysis. In such problem settings at least two issues need to be considered. The first is that there may be both DMU-level and cluster-level factors each of which should be considered in their proper settings. The second issue is that we wish to identify both DMU-specific and DMU-cluster efficiency measures. In the current chapter we examine the problem of measuring efficiencies of a set of electric power plants, where each plant consists of a group of power units, hence clustering or grouping occurs naturally.

Keywords: Hierarchy; Power plants; Components; Multi-level (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-1-4899-8068-7_17

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