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Title: Restricting the flexibility in DEA models
Authors: Santos, Jorge
Alberca, Pilar
Editors: Palomares, Rafaela
Casas, José
Keywords: Efficiency
Data Envelopment Analysis
Non Parametric Methodology
Issue Date: May-2016
Publisher: Rafaela Dios- Palomares; José Angel Casas
Citation: Restricting the flexibility in DEA models Jorge Santos y Pilar Alberca Comentarista: Ana Lozano Vivas Editores:Rafaela Dios- Palomares; José Angel Casas VII CEP EFIUCO
Abstract: DEA models have been applied as the benchmarking tool in operations management to empirically account operational and productive efficiency. The wide flexibility in assigning the weights in DEA approach can result on indicators of efficiency who do not take account the relative importance of some inputs. In order to overcome this limitation, in this research we apply the DEA model under restricted weight specification. This model is applied to Spanish hotel companies in order to measure operational efficiency. The restricted weight specification enables us to decrease the influence of assigning unrealistic weights in some units and improve the efficiency estimation and to increase the discriminating potential of the conventional DEA model.
ISBN: 978-84-608-7576-5
Type: article
Appears in Collections:MAT - Artigos em Livros de Actas/Proceedings

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