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Extension of Data Envelopment Analysis with Preference Information - Value Efficiency (Hardcover, 2015 ed.)
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Extension of Data Envelopment Analysis with Preference Information - Value Efficiency (Hardcover, 2015 ed.)
Series: International Series in Operations Research & Management Science, 218
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This book provides an introduction to incorporating preference
information in Data Envelopment Analysis (DEA) with a special
emphasis in Value Efficiency Analysis. In addition to theoretical
considerations, numerous illustrative examples are included. Hence,
the book can be used as a teaching text as well. Only a modest
mathematical background is needed to understand the main
principles. The only prerequisites are a) familiarity with linear
algebra, especially matrix calculus; b) knowledge of the simplex
method; and c) familiarity with the use of computer software. The
book is organized as follows. Chapter 1 provides motivation and
introduces the basic concepts. Chapter 2 provides the basic ideas
and models of Data Envelopment Analysis. The efficient frontier and
production possibility set concepts play an important role in all
considerations. That's why these concepts are considered more
closely in Chapter 3. Since the approaches introduced in this study
are inspired by Multiple Objective Linear Programming, the basic
concepts of this field are reviewed in Chapter 4. Chapter 5 also
compares and contrasts Data Envelopment Analysis and Multiple
Objective Linear Programming, providing some cornerstones for
approaches presented later in the book. Chapter 6 discusses the
traditional approaches to take into account preference information
in DEA. In Chapter 7, Value Efficiency is introduced, and Chapter 8
discusses practical aspects. Some extensions are presented in
Chapter 9, and in Chapter 10 Value Efficiency is extended to cover
the case when a production possibility set is not convex. Three
implemented applications are reviewed in Chapter 11.
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