Data envelopment analysis in the presence of both quantitative and qualitative factors

Data envelopment analysis in the presence of both quantitative and qualitative factors

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Article ID: iaor19971162
Country: United Kingdom
Volume: 47
Issue: 7
Start Page Number: 945
End Page Number: 953
Publication Date: Jul 1996
Journal: Journal of the Operational Research Society
Authors: , ,
Keywords: measurement
Abstract:

This paper presents a framework for incorporating ordinal data factors into the standard ratio DEA model. An application involving the prioritization of R&D projects is presented as a case in point where such ordinal factors appear in a natural way. Two different models for incorporating ordinal data are developed; one in which the ordinal factors are ranked and one where they are not. Finally, the issue of selecting a lower bound on factors is addressed.

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