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Cost efficiency with triangular fuzzy number input prices: An application of DEA

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  • Bagherzadeh valami, H.

Abstract

The cost efficiency model (CE) has been considered by researchers as a Data Envelopment Analysis (DEA) model for evaluating the efficiency of DMUs. In this model, the possibility of producing the outputs of a target DMU is evaluated by the input prices of the DMU. This provides a criterion for evaluating the CE of DMUs. The main contribution of this paper is to provide an approach for generalizing the CE of DMUs when their input prices are triangular fuzzy numbers, where preliminary concepts of fuzzy theory and CE, are directly used.

Suggested Citation

  • Bagherzadeh valami, H., 2009. "Cost efficiency with triangular fuzzy number input prices: An application of DEA," Chaos, Solitons & Fractals, Elsevier, vol. 42(3), pages 1631-1637.
  • Handle: RePEc:eee:chsofr:v:42:y:2009:i:3:p:1631-1637
    DOI: 10.1016/j.chaos.2009.03.066
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    References listed on IDEAS

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    1. Jahanshahloo, G.R. & Soleimani-damaneh, M. & Mostafaee, A., 2009. "Preference score of units in the presence of ordinal data," Chaos, Solitons & Fractals, Elsevier, vol. 39(1), pages 214-221.
    2. Jahanshahloo, G.R. & Hosseinzadeh Lotfi, F. & Shahverdi, R. & Adabitabar, M. & Rostamy-Malkhalifeh, M. & Sohraiee, S., 2009. "Ranking DMUs by l1-norm with fuzzy data in DEA," Chaos, Solitons & Fractals, Elsevier, vol. 39(5), pages 2294-2302.
    3. Camanho, A. S. & Dyson, R. G., 2005. "Cost efficiency measurement with price uncertainty: a DEA application to bank branch assessments," European Journal of Operational Research, Elsevier, vol. 161(2), pages 432-446, March.
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    Cited by:

    1. Hatami-Marbini, Adel & Emrouznejad, Ali & Tavana, Madjid, 2011. "A taxonomy and review of the fuzzy data envelopment analysis literature: Two decades in the making," European Journal of Operational Research, Elsevier, vol. 214(3), pages 457-472, November.
    2. Hatami-Marbini, Adel & Arabmaldar, Aliasghar, 2021. "Robustness of Farrell cost efficiency measurement under data perturbations: Evidence from a US manufacturing application," European Journal of Operational Research, Elsevier, vol. 295(2), pages 604-620.
    3. Rashed Khanjani Shiraz & Adel Hatami-Marbini & Ali Emrouznejad & Hirofumi Fukuyama, 2020. "Chance-constrained cost efficiency in data envelopment analysis model with random inputs and outputs," Operational Research, Springer, vol. 20(3), pages 1863-1898, September.

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