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Persistent link: https://www.econbiz.de/10005418000
The paper is concerned with the incorporation of polyhedral cone constraints on the virtual multipliers in DEA. The incorporation of probabilistic bounds on the virtual multipliers based upon a stochastic benchmark vector is demonstrated. The suggested approach involves a stochastic (chance...
Persistent link: https://www.econbiz.de/10011154970
Pareto-Koopmans efficiency in Data Envelopment Analysis (DEA) is extended to stochastic inputs and outputs via probabilistic input-output vector comparisons in a given empirical production (possibility) set. In contrast to other approaches which have used Chance Constrained Programming...
Persistent link: https://www.econbiz.de/10011155006
Persistent link: https://www.econbiz.de/10010865966
This paper uses Data Envelopment Analysis (DEA) for an estimation of the cost efficiency of 70 Danish hospitals. The analysis relates to a cost function based on 483 outputs in combination with a set of probabilistic assurance regions defined by the cost distributions for each output. It is...
Persistent link: https://www.econbiz.de/10010865995
This paper provides an outline of possible uses of complete information on the facial structure of a polyhedral empirical production possibility set obtained by DEA. It is argued that an identification of all facets can be used for a characterization of basic properties of the empirical...
Persistent link: https://www.econbiz.de/10010866030
Recently there has been some discussion in the literature concerning the nature of scale properties in the Data Envelopment Model (DEA). It has been argued that DEA may not be able to provide reliable estimates of the optimal scale size. We argue in this paper that DEA is well suited to estimate...
Persistent link: https://www.econbiz.de/10010580799
Persistent link: https://www.econbiz.de/10005311828
Persistent link: https://www.econbiz.de/10005311994
A model for efficiency evaluation based upon the theory of chance constrained programming is developed. The model uses a piecewise linear envelopment of confidence regions for observed stochastic multiple-input multiple-output combinations in the Data Envelopment Analysis (DEA) tradition. The...
Persistent link: https://www.econbiz.de/10009203727