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Incentive plans involve payments for performance relative to some set of goals. In this paper, we extend Data Envelopment Analysis (DEA) to the evaluation of performance in the specific context of pay-for-performance incentive plans. The…

Optimization and Control · Mathematics 2019-09-06 Wade D. Cook , Nuria Ramón , José L. Ruiz , Inmaculada Sirvent , Joe Zhu

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…

Optimization and Control · Mathematics 2020-01-20 José L. Ruiz , Inmaculada Sirvent

In benchmarking, organizations look outward to examine others' performance in their industry or sector. Often, they can learn from the best practices of some of them and improve. In order to develop this idea within the framework of Data…

Optimization and Control · Mathematics 2019-12-04 Nuria Ramón , José L. Ruiz , Inmaculada Sirvent

The models that set the closest targets have made an important contribution to DEA as tool for the best-practice benchmarking of decision making units (DMUs). These models may help defining plans for improvement that require less effort…

Optimization and Control · Mathematics 2017-11-28 Nuria Ramón , José L. Ruiz , Inmaculada Sirvent

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…

Computation and Language · Computer Science 2022-11-04 Zachary Zhou , Alisha Zachariah , Devin Conathan , Jeffery Kline

Data Envelopment Analysis (DEA) appears more than just an instrument of measurement. DEA models can be seen as a mathematical structure for democratic voicing within decisional contexts. Such an important aspect of DEA is enhanced through…

Computers and Society · Computer Science 2021-05-14 Amar Oukil

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…

Optimization and Control · Mathematics 2021-04-22 Amar Oukil

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…

Methodology · Statistics 2021-04-21 Diogo Cunha Ferreira , Josè RUi Figueira , Salvatore Greco , Rui Marques

This article presents a Benchmarking methodology to support decision-making for international market selection (IMS). In order to do so, we will be using an output-oriented Data Envelopment Analysis (DEA) model. This methodology considers…

Statistical Finance · Quantitative Finance 2021-10-08 Safa El Kefi

An alternative approach for the panel second stage of data envelopment analysis (DEA) is presented in this paper. Instead of efficiency scores, we propose to model rankings in the second stage using a dynamic ranking model in the…

Applications · Statistics 2024-05-09 Vladimír Holý

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…

Optimization and Control · Mathematics 2022-06-06 Awadh Pratap Singh , Shiv Prasad Yadav

This paper proposes an integrative approach to feature (input and output) selection in Data Envelopment Analysis (DEA). The DEA model is enriched with zero-one decision variables modelling the selection of features, yielding a Mixed Integer…

Optimization and Control · Mathematics 2020-03-02 Sandra Benítez-Peña , Peter Bogetoft , Dolores Romero Morales

Data Envelopment Analysis (DEA) as mathematical models evaluates the technical efficiency of Decision Making Units (DMU) having multiple inputs and multiple outputs. Researchers are interested in applying DEA models in Multi Attribute…

Optimization and Control · Mathematics 2015-08-26 Majid Zerafat Angiz L. , Mohd Kamal Nawawi , Mohammad Ghadiri , Adli Mustafa

We systematically study cornerstones that must be solved to define an air traffic control benchmarking system based on a Data Envelopment Analysis. Primarily, we examine the appropriate decision-making units, what to consider and what to…

General Economics · Economics 2023-02-16 Thomas Standfuss , Georg Hirte , Michael Schultz , Hartmut Fricke

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…

Optimization and Control · Mathematics 2023-06-21 Fun-Hwa Franklin Liu , Su-Chuan Shih

The banking industry is very important for an economic cycle of each country and provides some quality of services for us. With the advancement in technology and rapidly increasing of the complexity of the business environment, it has…

Machine Learning · Computer Science 2018-10-15 Sara Hosseinzadeh Kassani , Peyman Hosseinzadeh Kassani , Seyed Esmaeel Najafi

Evaluating the efficiency of organizations and branches within an organization is a challenging issue for managers. Evaluation criteria allow organizations to rank their internal units, identify their position concerning their competitors,…

Optimization and Control · Mathematics 2022-09-13 Vahid Kayvanfar , Hamed Baziyad , Shaya Sheikh , Frank Werner

In this paper, a new model based on Data Envelopment Analysis (DEA) and Inverse Data Envelopment Analysis (IDEA) is presented for estimating the effect of electricity on the output of industrial companies. To this end, the effect of…

Optimization and Control · Mathematics 2017-06-20 Omid Ziaee , Bamdad Falahati

We propose an approach for dynamic efficiency evaluation across multiple organizational dimensions using data envelopment analysis (DEA). The method generates both dimension-specific and aggregate efficiency scores, incorporates desirable…

Optimization and Control · Mathematics 2026-04-07 Hashem Omrani , Raha Imanirad , Adam Diamant , Utkarsh Verma , Amol Verma , Fahad Razak

Data Envelopment Analysis (DEA) is a multi-criteria technique based on linear programming to deal with many real-life problems, mostly in nonprofit organizations. The slacks-based measure (SBM) model is one of the DEA model used to assess…

Optimization and Control · Mathematics 2021-02-04 Deepak Mahla , Shivi Agarwal
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