An epsilon-free DEA and a new measure of efficiency

An epsilon-free DEA and a new measure of efficiency

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Article ID: iaor19951538
Country: Japan
Volume: 36
Issue: 3
Start Page Number: 167
End Page Number: 174
Publication Date: Sep 1993
Journal: Journal of the Operations Research Society of Japan
Authors:
Keywords: performance, measurement
Abstract:

This study presents a DEA model without the conventional non-Archimedian infinitesimal epsilon. This article also introduces a new DEA efficiency measure. Incorporating slacks in inputs and shortages in outputs, the new DEA measure expresses the relative efficiency of decision making units more properly than traditional ones.

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