The main goal of this research is to compare and contrast two methodologies that exist within the multi-criteria decision making field. After presenting Data Envelopment Analysis (DEA) and the Multi-Dimensional Scaling approach (Co-plot), the two techniques are evaluated and compared against...

We present an alternative decomposition technique to identify the factors which contribute to the change of aggregate CO2 emissions by using distance functions to model the joint production of desirable and undesirable outputs. The key feature of the proposed approach is the introduction of...

Economic activity produces not only desirable outputs but also undesirable outputs that are usually called negative externalities in economic theory. Negative externalities are usually omitted from efficiency assessments (i.e., applications of Data Envelopment Analysis) which fail to express the...

Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...

Some models are presented in this paper which extend the concept of measuring superefficiency to the useful case of variable returns-to-scales (VRS), thus enabling the ranking of efficient as well as inefficient units. Two models, namely the Universal Radial Model and the Universal Additive...

The standard indicators used to compare cross-country innovation are in the Global Competitiveness Report (GCR). But there are problems with aggregation and response bias with these largely self-reported measures (Hollanders and van Cruysen, 2008). We propose a theory-based metric using Data...

This paper by applying Data Envelopment Analysis (DEA) ranks Economics journals in the field of Accounting, Banking and Finance. By using one composite input and one composite output the paper ranks 57 journals. In addition for the first time three different quality ranking reports have been...

This paper by applying Data Envelopment Analysis (DEA) ranks Economics journals. In contrast with many other studies this paper ranks journals which are characterized as mainstream economic journals rather than interciplinary economic journals. By using one composite input and one composite...

By estimating the production frontier with the application of Data Envelopment Analysis (DEA) we rank the ‘Diamond Core’ economic journals as has been presented by Diamond (1989). By using one composite input and one composite output the paper ranks 27 core economics journals. For the first...

This paper by applying Data Envelopment Analysis (DEA) ranks for the first time Economics journals in the field of Agricultural, Environmental and Natural Resource. Specifically, by using one composite input and one composite output the paper ranks 32 journals. In addition for the first time...