Abstract
Within the field of data envelopment analysis is a sub-group of papers in which many researchers have sought to improve the differential capabilities of DEA and to fully rank both efficient, as well as inefficient, decision-making units. We have divided the ranking concepts into seven general areas based on the following concepts: Super-efficiency, benchmarking, cross-efficiency, common set of weights, multivariate statistics, multi-criteria decision-making and inefficiency dominance. After describing the approaches, we compare and contrast them using an illustration drawn from a set of universities. It is apparent that the approaches succeed in strengthening the results of the non-parametric data envelopment analysis models and frequently enable an almost complete ranking of decision-making units. However, the results may diverge substantially between the different models, suggesting that the choice of framework must be context dependent and chosen with great care.
Original language | English |
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Title of host publication | The Palgrave Handbook of Economic Performance Analysis |
Publisher | Palgrave Macmillan |
Pages | 189-224 |
Number of pages | 36 |
ISBN (Electronic) | 9783030237271 |
ISBN (Print) | 9783030237264 |
DOIs | |
State | Published - 1 Jan 2019 |
Bibliographical note
Publisher Copyright:© The Editor(s) (if applicable) and The Author(s) 2019.