This paper provides computationally efficient approaches for determining to which returns to scale (RTS) class a unit belongs in weight-restricted Data Envelopment Analysis (DEA) models. A non-traditional computational algorithm is introduced. The suggested approach is based on the calculation...

This technical note extends the results of our recent paper [Korhonen, Soleimani-damaneh, Wallenius, EJOR 215 (2011) 431–438], for determining the RTS status of Decision Making Units in Weight-Restricted DEA models.

We develop an approach to efficiency analysis to enable us to incorporate interval-scale data in addition to ratio-scale data. Our approach introduces a measure of inefficiency and identifies efficient units as is done in Data Envelopment Analysis. The basic idea in our approach is to find the...

We investigate in a simple bi-criteria experimental study, whether subjects are consistent with a linear value function while making binary choices. Many inconsistencies appeared in our experiment. However, the impact of inconsistencies on the linearity vs. non-linearity of the value function...

This paper presents a preference-based method to handle optimization problems with multiple objectives. With an increase in the number of objectives the computational cost in solving a multi-objective optimization problem rises exponentially, and it becomes increasingly difficult for...