Document Type
Conference Item
Publication Date
4-1-2014
Abstract
This paper demonstrates how an appropriate epsilon value can be selected when Kourosh and Arash Model (KAM) is applied in order to estimate production frontiers as well as simultaneously rank and benchmark Decision Making Units (DMUs). KAM was recently proposed to improve the capabilities of Data Envelopment Analysis (DEA) in order to measure the performance evaluation of homogenous DMUs inclusive real and integer values. The paper also illustrates that the selection of epsilon is logically allowed even if the DMUs’ data are exact. A non-linear programming model is also proposed to find the optimum value of score while a DMU is under evaluation.
Keywords
DEA, KAM, Efficiency, Ranking, Benchmarking.
Divisions
FacultyofEconomicsAdministration
Event Title
Proceedings of the 12th International Conference of DEA
Event Location
Kuala Lumpur
Event Dates
14-17 Apr 2014
Event Type
conference