DocumentCode
1651859
Title
Ranking DMUs on the benchmark line with equal shadow prices
Author
Toloo, M. ; Ghorbani, S. ; Molaee, Z.
Author_Institution
Dept. of Math., Islamic Azad Univ., Tehran, Iran
fYear
2010
Firstpage
1
Lastpage
4
Abstract
Data envelopment analysis (DEA) with considering the best condition for each decision making unit (DMU) assesses the relative efficiency for it and divides a homogenous group of DMUs into two categories: efficient and inefficient, but traditional DEA models can not rank efficient DMUs. Although some models were introduced for ranking efficient DMUs, Franklin Lio & Hsuan peng (2008), proposed a common weights analysis (CWA) approach for ranking them. These DMUs are ranked according to the efficiency score weighted by the common set of weights and shadow prices. This study shows there are some cases that shadow prices of efficient DMUs are equal, hence this method is not applicable for ranking them. Next, we propose a new method for ranking units with equal shadow prices.
Keywords
benchmark testing; data envelopment analysis; decision making; pricing; DEA model; Franklin Lio; Hsuan peng; benchmark line; common weight analysis approach; data envelopment analysis; decision making unit; shadow price; Algorithm design and analysis; Analytical models; Benchmark testing; Data envelopment analysis; Decision making; Numerical models; Benchmark Line; Common Weight Analysis; Data Envelopment Analysis; Shadow Price;
fLanguage
English
Publisher
ieee
Conference_Titel
Computers and Industrial Engineering (CIE), 2010 40th International Conference on
Conference_Location
Awaji
Print_ISBN
978-1-4244-7295-6
Type
conf
DOI
10.1109/ICCIE.2010.5668265
Filename
5668265
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