Robust optimization and its duality in data envelopment analysis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F22%3A10248366" target="_blank" >RIV/61989100:27510/22:10248366 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.1016/j.omega.2021.102583" target="_blank" >https://doi.org/10.1016/j.omega.2021.102583</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.omega.2021.102583" target="_blank" >10.1016/j.omega.2021.102583</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Robust optimization and its duality in data envelopment analysis

Popis výsledku v původním jazyce

Robust Data Envelopment Analysis (RDEA) is a DEA-based conservative approach used for modeling uncertainties in the input and output data of Decision-Making Units (DMUs) to guarantee stable and reliable performance evaluation. The RDEA models proposed in the literature apply robust optimization techniques to the linear and conventional DEA models which lead to the difficulty of obtaining a robust efficient DMU. To overcome this difficulty, this paper tackles uncertainty in DMUs from the original fractional DEA model. We propose a robust fractional DEA (RFDEA) model in both input and output orientation which enables us to overcome the deficiency of existing RDEA models. The linearized models of the fractional DEA are further used to establish duality relations from a pessimistic and optimistic view of the data. We show that the primal worst of the multiplier model is equivalent to the dual best of the envelopment model. Furthermore, we show that the robust efficiency in the input- and output-oriented DEA models are still equivalent in the new approach which is not the case in conventional RDEA models. We finally present a study of the largest airports in Europe to illustrate the efficacy of the proposed models. The proposed RDEA is found to provide an effective management evaluation strategy under uncertain environments.

Název v anglickém jazyce

Robust optimization and its duality in data envelopment analysis

Popis výsledku anglicky

Robust Data Envelopment Analysis (RDEA) is a DEA-based conservative approach used for modeling uncertainties in the input and output data of Decision-Making Units (DMUs) to guarantee stable and reliable performance evaluation. The RDEA models proposed in the literature apply robust optimization techniques to the linear and conventional DEA models which lead to the difficulty of obtaining a robust efficient DMU. To overcome this difficulty, this paper tackles uncertainty in DMUs from the original fractional DEA model. We propose a robust fractional DEA (RFDEA) model in both input and output orientation which enables us to overcome the deficiency of existing RDEA models. The linearized models of the fractional DEA are further used to establish duality relations from a pessimistic and optimistic view of the data. We show that the primal worst of the multiplier model is equivalent to the dual best of the envelopment model. Furthermore, we show that the robust efficiency in the input- and output-oriented DEA models are still equivalent in the new approach which is not the case in conventional RDEA models. We finally present a study of the largest airports in Europe to illustrate the efficacy of the proposed models. The proposed RDEA is found to provide an effective management evaluation strategy under uncertain environments.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GA19-13946S" target="_blank" >GA19-13946S: Hodnocení výkonnosti při výskytu neklasifikovaných faktorů</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Omega

ISSN

0305-0483

e-ISSN

1873-5274

Svazek periodika

108

Číslo periodika v rámci svazku

April

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

22

Strana od-do

"Article Number 102583"

Kód UT WoS článku

000788093800006

EID výsledku v databázi Scopus

2-s2.0-85121922932