Measuring overall efficiency and effectiveness using DEA
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Measuring overall efficiency and effectiveness using DEA. / Asmild, Mette; Paradi, Joseph C.; Reese, David N.; Tam, Fai.
In: European Journal of Operational Research, Vol. 178, No. 1, 2007, p. 305-321.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Measuring overall efficiency and effectiveness using DEA
AU - Asmild, Mette
AU - Paradi, Joseph C.
AU - Reese, David N.
AU - Tam, Fai
PY - 2007
Y1 - 2007
N2 - This paper presents a framework where data envelopment analysis (DEA) is used to measure overall efficiency and show how to apply this framework to assess effectiveness for more general behavioral goals. The relationships between various cone-ratio DEA models and models to measure overall efficiency are clarified. Specifically it is shown that as multiplier cones tighten, the cone-ratio DEA models converge to measures of overall efficiency. Furthermore, it is argued that multiplier cone and cone-ratio model selection must be consistent with the behavioral goals assigned or assumed for purposes of analysis. Consistent with this reasoning, two new models are introduced to measure effectiveness when value measures are represented by separable or linked cones, where the latter can be used to analyze profit-maximizing effectiveness.
AB - This paper presents a framework where data envelopment analysis (DEA) is used to measure overall efficiency and show how to apply this framework to assess effectiveness for more general behavioral goals. The relationships between various cone-ratio DEA models and models to measure overall efficiency are clarified. Specifically it is shown that as multiplier cones tighten, the cone-ratio DEA models converge to measures of overall efficiency. Furthermore, it is argued that multiplier cone and cone-ratio model selection must be consistent with the behavioral goals assigned or assumed for purposes of analysis. Consistent with this reasoning, two new models are introduced to measure effectiveness when value measures are represented by separable or linked cones, where the latter can be used to analyze profit-maximizing effectiveness.
KW - Behavioral goals
KW - Cone ratio weight restrictions
KW - Data envelopment analysis (DEA)
KW - Effectiveness
KW - Efficiency
U2 - 10.1016/j.ejor.2006.01.014
DO - 10.1016/j.ejor.2006.01.014
M3 - Journal article
AN - SCOPUS:33750818670
VL - 178
SP - 305
EP - 321
JO - European Journal of Operational Research
JF - European Journal of Operational Research
SN - 0377-2217
IS - 1
ER -
ID: 227788434