How to select an epsilon to apply Kourosh and Arash model in data envelopment analysis

Khezrimotlagh, D. (2014) How to select an epsilon to apply Kourosh and Arash model in data envelopment analysis. In: Proceedings of the 12th International Conference of DEA, 14-17 Apr 2014, Kuala Lumpur.

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Abstract

This paper demonstrates how an appropriate epsilon value can be selected when Kourosh and Arash Model (KAM) is applied in order to estimate production frontiers as well as simultaneously rank and benchmark Decision Making Units (DMUs). KAM was recently proposed to improve the capabilities of Data Envelopment Analysis (DEA) in order to measure the performance evaluation of homogenous DMUs inclusive real and integer values. The paper also illustrates that the selection of epsilon is logically allowed even if the DMUs’ data are exact. A non-linear programming model is also proposed to find the optimum value of score while a DMU is under evaluation.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: DEA; KAM; Efficiency; Ranking; Benchmarking.
Subjects: H Social Sciences > HA Statistics
Divisions: Faculty of Economics & Administration
Depositing User: Mr. Mohd Samsul Ismail
Date Deposited: 17 Jun 2015 01:56
Last Modified: 17 Jun 2015 01:56
URI: http://eprints.um.edu.my/id/eprint/13604

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