Introduction to Data Envelopment Analysis and its Applications
Introduction to Data Envelopment Analysis and its Applications
This chapter provides the theoretical foundation and background on Data Envelopment Analysis (DEA) method and some variants of basic DEA models and applications to various sectors. Some illustrative examples, helpful resources on DEA, including DEA software package, are also presented in this chapter. DEA is useful for measuring relative efficiency for variety of institutions and has its own merits and limitations. This chapter concludes that DEA results should be interpreted with much caution to avoid giving wrong signals and providing inappropriate recommendations.
CITATION: Emrouznejad, Ali. Introduction to Data Envelopment Analysis and its Applications edited by Osman, Ibrahim H. . Hershey : IGI Global , 2013. Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis - Available at: https://library.au.int/introduction-data-envelopment-analysis-and-its-applications