Periodic efficiency measurement for achieving correct efficiency among several terms of evaluation. (1st January 2013)

• Record Type: Journal Article
• Authors: Lotfi, Farhad Hosseinzadeh; Jahanshahloo, G.R.; Vaez-ghasemi, M.; Moghaddas, Z.
• Is Part Of: International journal of operational research. Volume 18:Number 1(2013)
• Page Start: 1
• Page End: 15
• Publication Date: 2013-01-01
• Subjects: data envelopment analysis -- DEA -- efficiency -- periodic efficiency -- Malmquist productivity index -- MPI; Operations research -- Periodicals; 003.05
• Languages: English
• ISSNs: 1745-7645

Abstract

Having high confidence about measuring the efficiency of an organisation correctly is one of the fundamental concerns of managers in making decisions for future. If the efficiency-related information does not indicate an obvious status of the organisation or in case it is inaccurate, it can lead to poor decision-making by managers. This paper deals with a shortcoming of data envelopment analysis (DEA) in efficiency assessment in successive periods. Here, a combined model is introduced to work out the mentioned problem, which is shown in an application, commercial banks. Consequently, the validity of the proposed method is demonstrated.