International Series in Operations Research & Management Science

Extension of Data Envelopment Analysis with Preference Information

Value Efficiency

Authors: Joro, Tarja, Korhonen, Pekka J.

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  • First book on DEA to incorporate preference or value information
  • Shows all methods currently available
  • Presents theory and practical applications
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  • ISBN 978-1-4899-7528-7
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About this book

This book provides an introduction to incorporating preference information in Data Envelopment Analysis (DEA) with a special emphasis in Value Efficiency Analysis. In addition to theoretical considerations, numerous illustrative examples are included. Hence, the book can be used as a teaching text as well. Only a modest mathematical background is needed to understand the main principles. The only prerequisites are a) familiarity with linear algebra, especially matrix calculus; b) knowledge of the simplex method; and c) familiarity with the use of computer software.

The book is organized as follows. Chapter 1 provides motivation and introduces the basic concepts. Chapter 2 provides the basic ideas and models of Data Envelopment Analysis. The efficient frontier and production possibility set concepts play an important role in all considerations. That's why these concepts are considered more closely in Chapter 3. Since the approaches introduced in this study are inspired by Multiple Objective Linear Programming, the basic concepts of this field are reviewed in Chapter 4. Chapter 5 also compares and contrasts Data Envelopment Analysis and Multiple Objective Linear Programming, providing some cornerstones for approaches presented later in the book. Chapter 6 discusses the traditional approaches to take into account preference information in DEA. In Chapter 7, Value Efficiency is introduced, and Chapter 8 discusses practical aspects. Some extensions are presented in Chapter 9, and in Chapter 10 Value Efficiency is extended to cover the case when a production possibility set is not convex. Three implemented applications are reviewed in Chapter 11.

Reviews

“Researchers and managers who are interested in applications of DEA would seem to be the primary beneficiaries of reading it; professors and instructors might select some themes from the book to complement their DEA courses for OR students. In addition, the theoretician of decision making might be interested in the further development of the nonconvex approach in value efficiency analysis initiated in the book.” (Antanas Zilinskas, Interfaces, Vol. 46 (1), 2015)


Table of contents (12 chapters)

Table of contents (12 chapters)

Buy this book

eBook $74.99
price for USA in USD
  • ISBN 978-1-4899-7528-7
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.99
price for USA in USD
Softcover $99.00
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
Extension of Data Envelopment Analysis with Preference Information
Book Subtitle
Value Efficiency
Authors
Series Title
International Series in Operations Research & Management Science
Series Volume
218
Copyright
2015
Publisher
Springer US
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-1-4899-7528-7
DOI
10.1007/978-1-4899-7528-7
Hardcover ISBN
978-1-4899-7527-0
Softcover ISBN
978-1-4899-7889-9
Series ISSN
0884-8289
Edition Number
1
Number of Pages
XII, 191
Number of Illustrations
57 illustrations in colour
Topics