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...

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...

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 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.

Different Paradigms of Decision-Making -- About the Role of Intuition -- Towards Analytic Decision-Making -- How Do Humans Make Choices? -- Beware of Decision Traps: The World of Certainty -- Beware of Decision Traps: The World of Uncertainty -- The Devil is in the Details -- A Picture is Worth...