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Non-parametric efficiency analysis, such as Data Envelopment Analysis (DEA) relies so far on endogenous local or exogenous general weights, based on revealed preferences or market prices. However, as DEA is gaining popularity in regulation and normative budgeting, the strategic interest of the...
Persistent link: https://www.econbiz.de/10014183756
Health care provision is undergoing major reforms in Europe as a reaction to rapidly increasing expenditure and lowered political acceptance to commit public finance to cover the deficits. The Dutch government will decide in 2007 if the current budget system will be replaced by a more...
Persistent link: https://www.econbiz.de/10013126537
Data Envelopment Analysis (DEA) is a non-parametric method for measuring the relative efficiency of a set of Decision Making Units (DMUs) using multiple precise inputs to produce multiple precise outputs. Several extensions to DEA have been made for the case of imprecise data, as well as to...
Persistent link: https://www.econbiz.de/10014143741
Data Envelopment Analysis (DEA) is a widely used mathematical programming technique for comparing the inputs and outputs of a set of homogenous Decision Making Units (DMUs) by evaluating their relative efficiency. The conventional DEA methods assume deterministic and precise values for the input...
Persistent link: https://www.econbiz.de/10014143745
Linear programming (LP) is the most widely used optimization technique for solving real-life problems because of its simplicity and efficiency. Although conventional LP models require precise data, managers and decision makers dealing with real-world optimization problems often do not have...
Persistent link: https://www.econbiz.de/10014143748
Data envelopment analysis (DEA) is a widely used mathematical programming approach for comparing the inputs and outputs of a set of comparable decision making units (DMUs) by evaluating their relative efficiency. The traditional DEA methods require accurate measurement of both the inputs and...
Persistent link: https://www.econbiz.de/10014143750
Data envelopment analysis (DEA) is a data-driven non-parametric approach for measuring the efficiency of a set of decision making units (DMUs) using multiple inputs to generate multiple outputs. Conventionally, DEA is used in ex post evaluation of actual performance, estimating an empirical...
Persistent link: https://www.econbiz.de/10014143751