Showing 1 - 5 of 5
A new linear programming formulation for handling categorical outputs in DEA is presented which eliminates the difficulties of interpretation and computation that accompanied earlier mixed integer models.
Persistent link: https://www.econbiz.de/10009204291
This paper demonstrates that a class of two-person games with ratio payoff functions can be solved using equivalent primal-dual linear programming formulations. The game's solution contains specialized information which may be used to conduct the efficiency evaluation currently done by the CCR...
Persistent link: https://www.econbiz.de/10009197871
This paper presents an analytical approach, based on rank statistics, to the issue of comparing programs within Data Envelopment Analysis (DEA) efficiency evaluation framework. The program evaluation procedure distinguishes between managerial and programmatic inefficiency and uses the...
Persistent link: https://www.econbiz.de/10009203725
This paper considers choice between individual projects and shows that when the choice set includes arbitrary distributions, then any assumed relationship between expected utility theory and general moment preferences for individual decision makers is theoretically unsound. In particular, a risk...
Persistent link: https://www.econbiz.de/10009208653
This paper presents a class of utility functions (class A<sub>\infty </sub>) that contains all of the utility functions commonly used for mathematical modeling: the class consisting of those utility functions whose derivatives alternate in sign. A simple representation via mixtures of exponential utilities...
Persistent link: https://www.econbiz.de/10009218378