DEA with streaming data
DEA can be interpreted as a tool for the identification of “frontier outliers” among data points. These are points that are potentially interesting because they exhibit extreme properties in that the values of their attributes, either alone or combined, are at the upper or lower limits of the data set to which they belong. A real challenge for this type of frontier analysis arises when data stream in at high rates and the DEA analysis needs to be performed quickly. This paper extends DEA into this dynamic data environment. The purpose is to propose a formal theoretical framework to handle streaming data and to answer the question of how fast data can be processed using this new framework. Potential applications involving large data sets include auditing, appraisals, fraud detection, and security. In such settings the situation is likely to be dynamic with the data domain constantly changing as new entities arrive in the course of time. New specialized tools to adapt DEA to deal with streaming data will be explored.
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Volume (Year): 41 (2013)
Issue (Month): 1 ()
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References listed on IDEAS
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- Simon, Jose & Simon, Clara & Arias, Alicia, 2011. "Changes in productivity of Spanish university libraries," Omega, Elsevier, vol. 39(5), pages 578-588, October.
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- Cooper, William W. & Ruiz, Jose L. & Sirvent, Inmaculada, 2007. "Choosing weights from alternative optimal solutions of dual multiplier models in DEA," European Journal of Operational Research, Elsevier, vol. 180(1), pages 443-458, July.
- Chang, Shyr-Juh & Hsiao, Hsing-Chin & Huang, Li-Hua & Chang, Hsihui, 2011. "Taiwan quality indicator project and hospital productivity growth," Omega, Elsevier, vol. 39(1), pages 14-22, January.
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