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Comparison Between Data Envelopment Analysis Models with Penalties

Author

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  • Petra Zýková

    (Department of Econometrics, Faculty of Informatics and Statistics, University of Economics, Prague, W. Churchill Sq. 4, 13067 Praha 3, Czech Republic)

Abstract

The paper deals with Data Envelopment Analysis (DEA) models with advanced voting systems for ranking of candidates with penalties. The main aims of the system are to find a general winner and ranking of all candidates. Every voter gives the ranking of the first t-candidates and can give penalties to candidates who he/she surely does not want to vote for. Advanced voting systems are being used based on the use of data envelopment analysis models. The original contribution of the paper consists in the formulation of a new DEA/AR model with penalties. This model is derived from the DEA/AR model with penalties. The proposed models are illustrated on a simulated data set. This paper aims to compare DEA models with penalties.

Suggested Citation

  • Petra Zýková, 2019. "Comparison Between Data Envelopment Analysis Models with Penalties," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(6), pages 1665-1669.
  • Handle: RePEc:mup:actaun:actaun_2019067061665
    DOI: 10.11118/actaun201967061665
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    References listed on IDEAS

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    1. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    2. Hashimoto, Akihiro, 1997. "A ranked voting system using a DEA/AR exclusion model: A note," European Journal of Operational Research, Elsevier, vol. 97(3), pages 600-604, March.
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