Showing 1 - 10 of 11
In this paper, we consider the problem of incorporating additional preference information into Value Efficiency Analysis by using the "price" information of inputs and outputs. This is done to improve the accuracy of the estimation of the Value Efficiency Scores. Value Efficiency developed by...
Persistent link: https://www.econbiz.de/10005623704
We introduce in this paper a new starting mechanism for multi-objective linear programming (MOLP) algorithms. This makes it possible to start an algorithm from any solution in objective space. The original problem is first augmented in such a way that a given starting point is feasible. The...
Persistent link: https://www.econbiz.de/10005740117
We develop a procedure and the requisite theory for incorporating preference information in a novel way in the efficiency analysis of Decision Making Units. The efficiency of Decision Making Units is defined in the spirit of Data Envelopment Analysis (DEA), complemented with Decision Maker's...
Persistent link: https://www.econbiz.de/10005740128
In this paper, we consider the problem of searching nondominated alternatives in a discrete multiple criteria problem. The search procedure is based on the use of a reference direction. A reference direction reflects the desire of the decision maker (DM) to specify a search direction. To find a...
Persistent link: https://www.econbiz.de/10005740135
In this paper, we consider practical aspects for measuring Value Efficiency in Envelopment Analyis. Value efficiency is an efficiency concept that takes into account the decision maker's preferences.It was developed by Halme, Joro, Korhonen, Salo and Wallenius [1998]. The decision maker is...
Persistent link: https://www.econbiz.de/10005740165
This paper gives a brief introduction into multiple objective programming support. We will overview basic concepts, formulations, and principles of solving multiple programming problems.To solve those problems requires the the intervention of a decision-maker. That's why behavioral assumptions...
Persistent link: https://www.econbiz.de/10005740171
We propose a systematic approach to analyzing academic research performance at universities and research institutes. The analysis of research performance based on a set of (abstract) criteria which are relevant from the decision maker's point of view. The scales for these criteria are defined by...
Persistent link: https://www.econbiz.de/10005740178
In this paper, we deal with the problem of searching the efficient frontier in Data Envelopment Analysis (DEA). Our aim is to show that the free aim approach developed to make a search on the efficient frontier in multiple objective programming can also be used in DEA. This kind of analysis is...
Persistent link: https://www.econbiz.de/10005740182
In this study we investigate an urban planning problem where an area is to be rehabilitated. The area is divided into several sub-areas any of which could be the starting point for the rehabilitation process. The ultimate goal is to find a rank order for the alternative sub-areas, which...
Persistent link: https://www.econbiz.de/10005740186
This paper presents a dynamic and visual "free search" type of a decision support system - Quadratic Pareto Race, which enables a decision maker (DM) to freely search the efficient frontier of a multiple objective quadratic-linear programming problem by controlling the speed and direction of...
Persistent link: https://www.econbiz.de/10005837805