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The purpose of this paper is to discuss the use of Value Efficiency Analysis (VEA) in efficiency evaluation when preference information is taken into account. Value efficiency analysis is an approach, which applies the ideas developed for Multiple Objective Linear Programming (MOLP) to Data...
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An interpretation is made of Akamatsu Kaname's theory of the flying geese pattern of development, launched in Japan during the 1930s. This theory explains how an undeveloped country can become developed relatively quickly. The undeveloped country adopts suitable labour-intensive industries from...
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We have observed when applying Value Efficiency Analysis [21] that decision makers wish to provide preference information related to existing rather than virtual (efficient) units. This observation motivated us to develop an approach based on the preference comparisons of existing units. The...
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This paper presents a preference-based method to handle optimization problems with multiple objectives. With an increase in the number of objectives the computational cost in solving a multi-objective optimization problem rises exponentially, and it becomes increasingly difficult for...
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No abstract received.
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