Modeling Data Irregularities and Structural Complexities in Data Envelopment Analysis

Joe Zhu

ISBN 10: 1441944001 / ISBN 13: 9781441944009

Published by Springer-Verlag New York Inc., 2010

This item is printed on demand. New copy - Usually dispatched within 5-9 working days 513. Seller Inventory # C9781441944009

Synopsis:

In a relatively short period of time, Data Envelopment Analysis (DEA) has grown into a powerful quantitative, analytical tool for measuring and evaluating performance. It has been successfully applied to a whole variety of problems in many different contexts worldwide. This book deals with the micro aspects of handling and modeling data issues in modeling DEA problems. DEA's use has grown with its capability of dealing with complex "service industry" and the "public service domain" types of problems that require modeling of both qualitative and quantitative data. This handbook treatment deals with specific data problems including: imprecise or inaccurate data; missing data; qualitative data; outliers; undesirable outputs; quality data; statistical analysis; software and other data aspects of modeling complex DEA problems. In addition, the book will demonstrate how to visualize DEA results when the data is more than 3-dimensional, and how to identify efficiency units quickly and accurately.

From the Back Cover:

In a relatively short period of time, Data Envelopment Analysis (DEA) has grown into a powerful quantitative, analytical tool for measuring and evaluating performance. It has been successfully applied to a whole variety of problems in many different contexts worldwide. The analysis of an array of these problems has been resistant to other methodological approaches because of the multiple levels of complexity that must be considered. Several examples of multifaceted problems in which DEA analysis has been successfully used are: (1) maintenance activities of US Air Force bases in geographically dispersed locations, (2) policy force efficiencies in the United Kingdom, (3) branch bank performances in Canada, Cyprus, and other countries and (4) the efficiency of universities in performing their education and research functions in the U.S., England, and France. In addition to localized problems, DEA applications have been extended to performance evaluations of 'larger entities' such as cities, regions, and countries. These extensions have a wider scope than traditional analyses because they include "social" and "quality-of-life" dimensions which require the modeling of qualitative and quantitative data in order to analyze the layers of complexity for an evaluation of performance and to provide solution strategies.

DEA is computational at its core and this book by Zhu and Cook deals with the micro aspects of handling and modeling data issues in modeling DEA problems. DEA's use has grown with its capability of dealing with complex "service industry" and the "public service domain" types of problems that require modeling both qualitative and quantitative data. It is a handbook treatment dealing with specific data problems including the following: (1) imprecise data, (2) inaccurate data, (3) missing data, (4) qualitative data, (5) outliers, (6) undesirable outputs, (7) quality data, (8) statistical analysis, (9) software and other data aspects ofmodeling complex DEA problems. In addition, the book demonstrates how to visualize DEA results when the data is more than 3-dimensional, and how to identify efficiency units quickly and accurately.

Bibliographic Details

Title: Modeling Data Irregularities and Structural ...
Publisher: Springer-Verlag New York Inc.
Publication Date: 2010
Binding: Paperback / softback
Condition: New