Related papers: Introducing a hybrid model of DEA and data mining …
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,…
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…
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…
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…
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…
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…
Evaluating the banks' performance has always been of interest due to their crucial role in the economic development of each country. Data envelopment analysis (DEA) has been widely used for measuring the performance of bank branches. In the…
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…
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…
In this paper, we reveal a new characterization of the super-efficiency model for Data Envelopment Analysis (DEA). In DEA, the efficiency of each decision making unit (DMU) is measured by the ratio the weighted sum of outputs divided by the…
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…
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…
This study investigates the relationship between bank efficiency and stock market valuation using an unbalanced panel dataset of 42 listed banks in China from 2006 to 2023. We employ a non-radial and non-oriented slack based…
In data containing heterogeneous subpopulations, classification performance benefits from incorporating the knowledge of cluster structure in the classifier. Previous methods for such combined clustering and classification either 1) are…
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…
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…
Clustering is an unsupervised learning method that constitutes a cornerstone of an intelligent data analysis process. It is used for the exploration of inter-relationships among a collection of patterns, by organizing them into homogeneous…
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…
The adoption of probabilistic models for the best individuals found so far is a powerful approach for evolutionary computation. Increasingly more complex models have been used by estimation of distribution algorithms (EDAs), which often…
The recent advancements in computational power and machine learning algorithms have led to vast improvements in manifold areas of research. Especially in finance, the application of machine learning enables both researchers and…