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Performance evaluation in conventional data envelopment analysis (DEA) requires crisp numerical values. However, the … data can be represented by linguistic terms characterized by fuzzy numbers in DEA to reflect the decision makers' intuition … and subjective judgments. This paper extends the conventional DEA models to a fuzzy framework by proposing a new fuzzy …
Persistent link: https://www.econbiz.de/10013114994
Data envelopment analysis (DEA) is a methodology for measuring the relative efficiencies of a set of decision making … indispensable in conventional DEA. However, the observed values of the input and output data in real-world problems are sometimes … DEA. In this study, we provide a taxonomy and review of the fuzzy DEA methods. We present a classification scheme with …
Persistent link: https://www.econbiz.de/10013114997
This study presents some quantitative evidence from a number of simulation experiments on the accuracy of the productivity growth estimates derived from growth accounting (GA) and frontier-based methods (namely Data envelopment Analysis-, Corrected ordinary least squares-, and Stochastic...
Persistent link: https://www.econbiz.de/10011258844
Over the years, a number of different approaches were developed to measure productivity change, both in the micro and the macro setting. Since each approach comes with its own set of assumptions, it is not uncommon in practice that they produce different, and sometimes quite divergent,...
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