Value-based DEA models: application-driven developments

Almeida, P.; Dias, Luís C.

doi:10.1057/jors.2011.15

Cited by 26 publications

(17 citation statements)

References 34 publications

(43 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Value functions could also be obtained from the DMs' preferences and this may lead to piecewise and nonlinear value functions (see, for instance, Almeida and Dias 2012;Gouveia et al 2015Gouveia et al , 2016and Gouveia and Clímaco 2018).…”

Section: Value-based Dea Resultsmentioning

confidence: 99%

European Bank’s Performance and Efficiency

Neves

Gouveia

Proença

2020

JRFM

View full text Add to dashboard Cite

The research interest in bank profitability and efficiency is linked to the economic situation and an important issue for policymakers is to ensure economic stability. Nevertheless, managerial decisions and the environment could play a critical role in ensuring proper and efficient allocation of the resources. The purpose of this study is to understand which are the main factors that can influence the performance and efficiency of 94 commercial listed banks from Eurozone countries through a dynamic evaluation, in the period between 2011 and 2016. To achieve this aim, the generalized method of moments estimator technique is used to analyze the influence of some bank-specific characteristics, controlled by management, on the profitability as a measure of bank performance. After that, through the value-based data envelopment analysis (DEA) methodology, those factors are considered in determining the efficient banks. The results show that banking efficiency depends on set bank-specific characteristics and that the effect of determinants on efficiency differs, considering the macroeconomic conditions.

show abstract

Section: Value-based Dea Resultsmentioning

confidence: 99%

European Bank’s Performance and Efficiency

Neves

Gouveia

Proença

2020

JRFM

View full text Add to dashboard Cite

show abstract

“…For example, MCDA methods can be used to find non-radial targets for the DMUs (Korhonen and Syrjänen, 2004) and to incorporate decision makers' preferences into DEA (e.g. Halme et al, 1999;Gouveia et al, 2008;Almeida and Dias, 2012). On the other hand, when information regarding the decision makers' preferences is limited or ambiguous, DEA can provide necessary information to allow multicriteria analyses to be performed (e.g.…”

Section: -Mixing or Methods To Enhance The Performance Measurement Prmentioning

confidence: 99%

Measuring organisational performance using a mix of OR methods

Santos

Belton²,

Howick³

2018

Technological Forecasting and Social Change

View full text Add to dashboard Cite

Performance measurement has become an increasingly important issue in recent years. In spite of the remarkable progress that has been achieved in this area of research, many performance measurement initiatives fall short of their potential in supporting decision-making. This paper argues that adopting a multi-method approach to assessing performance has the potential to result in more comprehensive and effective performance measurement systems. To support this assertion, the paper discusses the development of a performance measurement system for a Business Tax Department, which combined the use of several operational research (OR) techniques including qualitative system dynamics, data envelopment analysis and multiple criteria decision analysis. The use of these OR techniques was influential in developing and implementing the performance measurement system and has the potential to be transferred to other contexts.

show abstract

“…Therefore, a formulation that yields an alternative target that maintains or improves the performance of all factors can be obtained by solving the LP model (4) in which the maximum slack (in terms of value) shall be minimized to achieve the global utility value target. No negative slacks are allowed, but the target will no longer be a convex combination of the observed DMUs (for details see [33]). …”

Section: Improvements Of Inefficient Units and Further Developmentsmentioning

confidence: 99%

“…The formulation below differs from the one used by Almeida and Dias [33] in that it introduces a new parameter σ c (a positive value) for each factor to bound the value that a slack may have. The aim is to avoid setting unrealistic targets, allowing the proposals to be better tailored to the GDM's requirements.…”

Section: Improvements Of Inefficient Units and Further Developmentsmentioning

confidence: 99%

See 1 more Smart Citation

An application of value-based DEA to identify the best practices in primary health care

et al. 2015

View full text Add to dashboard Cite

ABSTRACT. In 2005 a new phase for Primary Health Care (PHC) in Portugal began, leading to the voluntary and independent creation of Family Health Units. The impact of this reform is now being witnessed, which justifies the need to evaluate its results as far as best practices in PHC are concerned.This work uses a Value-Based Data Envelopment Analysis (DEA) method, which combines an additive DEA model with Multi-Criteria Decision Analysis (MCDA) concepts, to allow incorporating managerial preferences in the performance assessment of 12 health centres in a Portuguese region. Two models are presented for evaluating access to PHC, which resulted from discussions with a group of decision makers.This analysis helped the decision makers in the identification of best practices, sources of inefficiency and gaps relatively to the best practices, thus leading to shape opportunities for improvement.

show abstract

Value-based DEA models: application-driven developments

Cited by 26 publications

References 34 publications

European Bank’s Performance and Efficiency

European Bank’s Performance and Efficiency

Measuring organisational performance using a mix of OR methods

An application of value-based DEA to identify the best practices in primary health care

Contact Info

Product

Resources

About