Models for evaluation of efficiency and performance of decision making units and their applications
Project goals
Evaluation of efficiency and performance of the set of homogenous units is of a high importance in economic practice in all cases when decision makers (managers) need analyze their subordinate units. The aim of the project is to develop new modeling approaches for evaluation of efficiency based on the methodology of data envelopment analysis (DEA) and multiple criteria decision making (MCDM). The proposed models will be verified on case studies and their results compared to results of standard modelingtechniques. An important problem class incorporated into the project is allocation of funds and the appropriate models that are very close to models for efficiency evaluation. The DEA models estimate efficient frontiers of production possibility sets andthe efficiency is measured as a distance from the estimated frontier. The MCDM models measure the efficiency as the utility derived from criterion values influencing the efficiency. Combination of the mentioned approaches can lead to new interesting methods in this field. Except the theoretical part of the research and its verification on real-world case studies, the project includes development and/or improvement of current systems for evaluation of efficiency. They will be created in MS Excel environment and/or in modeling languages.
Keywords
Public support
Provider
Czech Science Foundation
Programme
Standard projects
Call for proposals
Standardní projekty 12 (SGA02009GA-ST)
Main participants
—
Contest type
VS - Public tender
Contract ID
402/09/0231
Alternative language
Project name in Czech
Modely hodnocení efektivnosti a výkonnosti rozhodovacích jednotek a jejich aplikace
Annotation in Czech
Cílem projektu je navrhnout nové modely v oblasti hodnocení efektivnosti rozhodovacích jednotek a alokace fondů založené na kombinaci modelů analýzy obaly dat a vícekriteriálního rozhodování. Výsledky budou ověřeny na případových studiích. Zpracován budeoriginální programový systém v MS Excelu.
Scientific branches
R&D category
ZV - Basic research
CEP classification - main branch
BB - Applied statistics, operational research
CEP - secondary branch
AH - Economics
CEP - another secondary branch
—
10103 - Statistics and probability
50201 - Economic Theory
50202 - Applied Economics, Econometrics
50203 - Industrial relations
50204 - Business and management
50205 - Accounting
50206 - Finance
Completed project evaluation
Provider evaluation
U - Uspěl podle zadání (s publikovanými či patentovanými výsledky atd.)
Project results evaluation
The project gone according to plan both in terms of expertise and in terms of disbursement of funds.
Solution timeline
Realization period - beginning
Jan 1, 2009
Realization period - end
Dec 31, 2011
Project status
U - Finished project
Latest support payment
Apr 16, 2011
Data delivery to CEP
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data delivery code
CEP12-GA0-GA-U/02:2
Data delivery date
May 2, 2016
Finance
Total approved costs
1,750 thou. CZK
Public financial support
1,750 thou. CZK
Other public sources
0 thou. CZK
Non public and foreign sources
0 thou. CZK
Basic information
Recognised costs
1 750 CZK thou.
Public support
1 750 CZK thou.
100%
Provider
Czech Science Foundation
CEP
BB - Applied statistics, operational research
Solution period
01. 01. 2009 - 31. 12. 2011