Related papers: Frontier improvement in the DEA models
In data envelopment analysis (DEA), the concept of efficiency is examined in either Farrell (DEA) or Pareto senses. In either of these senses, the efficiency status of a decision making unit (DMU) is classified as either weak or strong. It…
Benchmarking tools, including stochastic frontier analysis (SFA), data envelopment analysis (DEA), and its stochastic extension (StoNED) are core tools in economics used to estimate an efficiency envelope and production inefficiencies from…
This paper introduces a new specification for the nonparametric production-frontier based on Data Envelopment Analysis (DEA) when dealing with decision-making units whose economic performances are correlated with those of the neighbors…
Decision-making units (DMUs) in a group convert the same resources (i.e., input indices) into the same products (i.e., output indices) at different scales. Performance indices have different measurement units, and their market prices per…
The efficient frontier (EF) is a fundamental resource allocation problem where one has to find an optimal portfolio maximizing a reward at a given level of risk. This optimal solution is traditionally found by solving a convex optimization…
Assessing the technical efficiency of a set of observations requires that the associated data composed of inputs and outputs are perfectly known. If this is not the case, then biased estimates will likely be obtained. Data Envelopment…
Performance optimization of deep learning models is conducted either manually or through automatic architecture search, or a combination of both. On the other hand, their performance strongly depends on the target hardware and how…
Data envelopment analysis (DEA) is a linear program (LP)-based method used to determine the efficiency of a decision making unit (DMU), which transforms inputs to outputs, by peer comparison. This paper presents a new computation algorithm…
In data envelopment analysis (DEA) literature, the returns to scale (RTS) of an inefficient decision making unit (DMU) is determined at its projected point on the efficient frontier. Under the occurrences of multiple projection points,…
We propose a novel DEA ranking based on a robust optimization viewpoint: the higher ranking for those DMU's that remain efficient even for larger variations of data and vice versa. This ranking can be computed by solving generalized linear…
In a context of global economy, addressing SMEs performance within a local framework appears rather a naive approach. The key drawback of such an approach stems from its restriction to socio-economic factors that might lead to biased…
Data Envelopment Analysis (DEA) is extended to the evaluation of performance of organizations within the framework of the implementation of plans for improvements that set management goals. Managers usually set goals without having any…
Natural language models are often summarized through a high-dimensional set of descriptive metrics including training corpus size, training time, the number of trainable parameters, inference times, and evaluation statistics that assess…
Data envelopment analysis (DEA) works like a black box that does not provide any adequate detail to identify the specific reason for inefficiency in decision-making units (DMUs). The motivation of this study is to analyze the cause of the…
We propose new estimates for the frontier of a set of points. They are defined as kernel estimates covering all the points and whose associated support is of smallest surface. The estimates are written as linear combinatio- ns of kernel…
Benchmarking the performance of complex systems such as rail networks, renewable generation assets and national economies is central to transport planning, regulation and macroeconomic analysis. Classical frontier methods, notably Data…
Data Envelopment Analysis (DEA) is widely used as a benchmarking tool for improving performance of organizations. For that purpose, DEA analyses provide information on both target setting and peer identification. However, the identification…
The trade off between risks and returns gives rise to multi-criteria optimisation problems that are well understood in finance, efficient frontiers being the tool to navigate their set of optimal solutions. Motivated by the recent advances…
Algorithmic fairness has emerged as an important consideration when using machine learning to make high-stakes societal decisions. Yet, improved fairness often comes at the expense of model accuracy. While aspects of the fairness-accuracy…
The objective of this paper is to evaluate the performance of decision-making units (DMUs) using a hybrid fuzzy multi-objective (FMO) data envelopment analysis (DEA) approach. This study develops fuzzy multi-objective optimistic (FMOO) and…