Extended utility and DEA models without explicit input
In this paper, we discuss the relationship between multi-attribute utility theory and data envelopment analysis (DEA) models without explicit inputs (DEA-WEI), including dual models and some theoretical analysis of DEA-WEI models. We then propose generic DEA-WEI models with quadratic utility terms. Finally, we provide illustrative examples to show that DEA-WEI with suitable quadratic utility terms are able to reflect some value judgments that the standard DEA models cannot.
Year of publication: |
2014
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Authors: | Yang, Guoliang ; Shen, Wanfang ; Zhang, Daqun ; Liu, Wenbin |
Published in: |
Journal of the Operational Research Society. - Palgrave Macmillan, ISSN 0160-5682. - Vol. 65.2014, 8, p. 1212-1220
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Publisher: |
Palgrave Macmillan |
Saved in:
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