Short CommunicationA simplified version of the DEA cost efficiency model
References (3)
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Cost efficiency measurement with price uncertainty: A DEA application to bank branch assessments
European Journal of Operational Research
(2005)
Cited by (35)
Universal efficiency scores in data envelopment analysis based on a robust approach
2019, Expert Systems with ApplicationsCitation Excerpt :We will consider this model even though other models exist (Cooper et al., 2007) as well as more economic compact formulations (Jahanshahloo, Soleimani-damaneh, & Mostafaee, 2008).
Cost, Revenue and Profit Efficiency Models in Generalized Fuzzy Data Envelopment Analysis
2017, Fuzzy Information and EngineeringAn integrated data envelopment analysis and free disposal hull framework for cost-efficiency measurement using rough sets
2016, Applied Soft Computing JournalCost efficiency in data envelopment analysis under the law of one price
2015, European Journal of Operational ResearchCost and revenue efficiency in DEA-R models
2014, Computers and Industrial EngineeringCitation Excerpt :Many studies have dealt with measuring cost efficiency (CE) and revenue efficiency (RE). These include, among others, Ray and Kim (1995), Cooper, Thompson, and Thrall (1996), Schaffnit, Rosen, and Paradi (1997), Sueyoshi (1997), Puig-Junoy (2000), Kuosmanen and Post (2001), Kuosmanen and Post (2003), Tone (2002), Tone and Sahoo (2005), Maniadakis and Thanassoulis (2004), Sengupta and Sahoo (2006), Jahanshahloo, Soleimani-Damaneh, and Mostafaee (2008), Mostafaee and Saljooghi (2010), Sahoo, Kerstens, and Tone (2012), and Sahoo, Mehdiloozad, and Tone (2014). Since DEA efficiency is defined as the ratio of the weighted sum of outputs to the weighted sum of inputs (which leads to the input-oriented CCR model), or vice versa (which leads to the output-oriented CCR model), then the appearance of zero weights in the model, or the imposition of weight restrictions (especially ɛ), might yield an unreal efficiency score.
Cost, revenue and profit efficiency measurement in DEA: A directional distance function approach
2014, European Journal of Operational ResearchCitation Excerpt :Since then, the aspect of measuring cost and revenue efficiencies has been explored in many studies. See, e.g., Ray and Kim (1995), Cooper, Thompson, and Thrall (1996), Schaffnit, Rosen, and Paradi (1997), Sueyoshi (1997), Puig-Junoy (2000), Kuosmanen and Post (2001), Kuosmanen and Post (2003), Tone (2002), Tone and Sahoo (2005, 2006), Maniadakis and Thanassoulis (2004), Sengupta and Sahoo (2006), Jahanshahloo, Soleimani-Damaneh, and Mostafaee (2008), Mostafaee and Saljooghi (2010), Sahoo, Kerstens, and Tone (2012), among others. Both the CE- and RE-based DEA models developed by Färe et al. (1985) require not only input and output quantity data but also their prices at each firm.