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Authors: Santos, Jorge
Alberca, Pilar
Editors: Villamayor, María
Meijide, José
Novo, Luis
Keywords: Efficiency assessment
DEA models
weight restrictions
hotel firms
decision making process
Issue Date: 22-Oct-2015
Publisher: SGAPEIO e Servizo de Publicacións da Deputación de Lugo
Citation: RESTRICTING THE WEIGHTS AND THE JUDGMENT VALUES IN DEA MODELS Pilar Alberca 1 , Jorge Santos 2 1 Departamento de Economía de la Empresa y Contabilidad , UNED, 2 Departamento de Matemática, CIMA, ECT, Universidade de Évora, SGAPEIO e Servizo de Publicacións da Deputación de Lugo
Abstract: This paper analyzes the operational efficiency of the Spanish hotel industry by Data Envelopment Analysis (DEA) under a restricted weights modeling framework. The study develops a novel approach to hotel efficiency evaluation that aims to overcome some limitations of conventional DEA models, specifically that several of the units assessed only considers one or some variables instead of all of them. This problem can be solved by applying weights restrictions in order to incorporate judgment values and increase the discriminating potential of the conventional DEA models.
ISBN: 978‐84‐8192‐522‐7
Type: article
Appears in Collections:MAT - Artigos em Livros de Actas/Proceedings

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