Model of game theory on the improvement of enterprises’ performance based on DEA-benchmarking and its applications

Author

Yang, Yinsheng ; Zhang, Liying ; Guo, Hongpeng

Author_Institution

Key Lab. of Terrain-Machine Bionics Eng., Jilin Univ., Jilin

fYear

2008

fDate

2-4 July 2008

Firstpage

2797

Lastpage

2801

Abstract

By using DEA-Benchmarking model and method, benchmarks were identified based on the performance of enterprises. Improving enterprise can enhance its performance by the gap analysis of this enterprise and its benchmarks. According to dynamic game with incomplete information, the signalling game model between the benchmarking enterprise and improving enterprise was proposed in this paper. The different equilibrium strategies under the different conditions about cooperation were discussed separately. An experimental analysis about medicine listed companies was applied and useful information for improving cooperative efficiency in decision-making was provided by quantity measurement.

Keywords

data envelopment analysis; decision making; game theory; DEA-benchmarking model; decision-making; enterprise performance improvement; equilibrium strategy; gap analysis; signalling game theory; Agricultural engineering; Biological system modeling; Data envelopment analysis; Decision making; Educational institutions; Electronic mail; Game theory; Information analysis; Laboratories; Performance analysis; DEA-Benchmarking; equilibrium; performance advancing for enterprise; signalling game;

fLanguage

English

Publisher

ieee

Conference_Titel

Control and Decision Conference, 2008. CCDC 2008. Chinese

Conference_Location

Yantai, Shandong

Print_ISBN

978-1-4244-1733-9

Electronic_ISBN

978-1-4244-1734-6

Type

conf

DOI

10.1109/CCDC.2008.4597836

Filename

4597836