Components of efficiency evaluation in data envelopment analysis

Components of efficiency evaluation in data envelopment analysis

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Article ID: iaor19981513
Country: Netherlands
Volume: 80
Issue: 3
Start Page Number: 462
End Page Number: 473
Publication Date: Feb 1995
Journal: European Journal of Operational Research
Authors: , ,
Keywords: efficiency
Abstract:

This paper examines three essential components which make up efficiency evaluation in data envelopment analysis. The three components are present in each DEA model and determine the implicit evaluation scheme associated with the model. These components provide a framework for classifying the various DEA models with respect to (i) the form of envelopment surface, (ii) the orientation, and (iii) the pricing mechanism implicit in the multiplier lower bounds. The discussion focuses on the standard DEA models, includes additional issues relating to efficiency evaluation, and is illustrated by a computational example.

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