English, Article, Journal or magazine article edition: Using DEA to estimate the importance of objectives for decision makers Francisco J. André; Inés Herrero; Laura Riesgo

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Bookmark: http://trove.nla.gov.au/version/160835
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Using DEA to estimate the importance of objectives for decision makers
Author
  • Francisco J. André
  • Inés Herrero
  • Laura Riesgo
Physical Description
  • preprint
Notes
  • In this paper we establish further connections between DEA and Multi-criteria Decision Analysis by suggesting a particular way to estimate preference weights for different objectives using DEA. We claim that the virtual multipliers obtained from a standard DEA model are not suitable to measure the preferences of a decision maker. Our suggestion takes advantage of the parallelism between DEA and the methodology proposed by Sumpsi et al. (1997) by projecting each unit on a linear combination of the elements of the pay-off matrix. Finally, we make an application of the proposed methodology to agricultural economics in a case study with Spanish data.
  • Data Envelopment Analysis, Multicriteria Decision Analysis, preferences, weights, virtual multipliers.
  • RePEc:cea:doctra:e2004_50
Language
  • English
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