Extension of data envelopment analysis with preference information : value efficiency / Tarja Joro, Pekka J. Korhonen.

"This book provides an introduction to incorporating preference information in Data Envelopment Analysis (DEA) with a special emphasis in Value Efficiency Analysis. In addition to theoretical considerations, numerous illustrative examples are included. Hence, the book can be used as a teaching...

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Bibliographic Details
Main Authors: Joro, Tarja (Author), Korhonen, Pekka J. (Author)
Format: Ebook
Language:English
Published: New York, New York : Springer Science+Business Media, 2015.
Series:International series in operations research & management science ; Volume 218.
Subjects:
Online Access:Springer eBooks
Description
Summary:"This book provides an introduction to incorporating preference information in Data Envelopment Analysis (DEA) with a special emphasis in Value Efficiency Analysis. In addition to theoretical considerations, numerous illustrative examples are included. Hence, the book can be used as a teaching text as well. Only a modest mathematical background is needed to understand the main principles. The only prerequisites are a) familiarity with linear algebra, especially matrix calculus; b) knowledge of the simplex method; and c) familiarity with the use of computer software.The book is organized as follows. Chapter 1 provides motivation and introduces the basic concepts. Chapter 2 provides the basic ideas and models of Data Envelopment Analysis. The efficient frontier and production possibility set concepts play an important role in all considerations. That's why these concepts are considered more closely in Chapter 3. Since the approaches introduced in this study are inspired by Multiple Objective Linear Programming, the basic concepts of this field are reviewed in Chapter 4. Chapter 5 also compares and contrasts Data Envelopment Analysis and Multiple Objective Linear Programming, providing some cornerstones for approaches presented later in the book. Chapter 6 discusses the traditional approaches to take into account preference information in DEA. In Chapter 7, Value Efficiency is introduced, and Chapter 8 discusses practical aspects. Some extensions are presented in Chapter 9, and in Chapter 10 Value Efficiency is extended to cover the case when a production possibility set is not convex. Three implemented applications are reviewed in Chapter 11."--Publisher's website.
Physical Description:1 online resource (196 pages) : illustrations (some colour), charts.
Format:Mode of access: World Wide Web.
Bibliography:Includes bibliographical references and index.
ISBN:1489975284
9781489975287
ISSN:2214-7934 ;
2214-7934
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