Periodic efficiency measurement for achieving correct efficiency among several terms of evaluation (Q2627425)
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English | Periodic efficiency measurement for achieving correct efficiency among several terms of evaluation |
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Periodic efficiency measurement for achieving correct efficiency among several terms of evaluation (English)
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31 May 2017
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Summary: Having high confidence about measuring the efficiency of an organisation correctly is one of the fundamental concerns of managers in making decisions for future. If the efficiency-related information does not indicate an obvious status of the organisation or in case it is inaccurate, it can lead to poor decision-making by managers. This paper deals with a shortcoming of data envelopment analysis (DEA) in efficiency assessment in successive periods. Here, a combined model is introduced to work out the mentioned problem, which is shown in an application, commercial banks. Consequently, the validity of the proposed method is demonstrated.
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data envelopment analysis
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DEA
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periodic efficiency
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Malmquist productivity index
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MPI
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organisational efficiency
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decision making
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commercial banks
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banking industry
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