Benchmarking in data envelopment analysis: an approach based on genetic algorithms and parallel programming
Summary: Data Envelopment Analysis (DEA) is a nonparametric technique to estimate the current level of efficiency of a set of entities. DEA also provides information on how to remove inefficiency through the determination of benchmarking information. This paper is devoted to study DEA models based on closest efficient targets, which are related to the shortest projection to the production frontier and allow inefficient firms to find the easiest way to improve their performance. Usually, these models have been solved by means of unsatisfactory methods since all of them are related in some sense to a combinatorial NP-hard problem. In this paper, the problem is approached by genetic algorithms and parallel programming. In addition, to produce reasonable solutions, a particular metaheuristic is proposed and checked through some numerical instances.
- A comment on multi-stage DEA methodology
- A Euclidean distance-based measure of efficiency in data envelopment analysis
- A multi-stage methodology for the solution of orientated DEA models
- An enhanced DEA Russell graph efficiency measure
- An extended set of FORTRAN basic linear algebra subprograms
- Automated empirical optimizations of software and the ATLAS project
- Determining a sequence of targets in DEA
- Finding the piecewise linear frontier production function in data envelopment analysis
- From efficiency measurement to efficiency improvement: The choice of a relevant benchmark
- scientific article; zbMATH DE number 1131224 (Why is no real title available?)
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- Hyper-Heuristics: An Emerging Direction in Modern Search Technology
- Measuring the efficiency of decision making units
- Metric distance function and profit: Some duality results
- On how to properly calculate the Euclidean distance-based measure in DEA
- On measuring the inefficiency with the inner-product norm in data envelopment analysis
- Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis
- Technical efficiency and distance to a reverse convex set
- The relevance of DEA benchmarking information and the least-distance measure
- The relevance of DEA benchmarking information and the least-distance measure: comment
- Using the minimum distance of DMUs from the frontier of the PPS for evaluating group performance of DMUs in DEA
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