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Alternative Trade-Offs in Data Envelopment Analysis: An Application to Hydropower Plants
Joint Authors
Amirteimoori, Alireza
Mirzaei, Mohsen
Kordrostami, Sohrab
Chegini, Mehrdad G.
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-01-03
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
In multidimensional input/output space, the behavior of the firms can be analyzed by using efficient frontier or supporting surfaces of production technology.
To this end, mathematicians are interested to use marginal rates of substitutions.
The piecewise linear frontier of data envelopment analysis (DEA) technology is not differentiable at the extreme points and marginal rates calculation is valid only for small changes in one or more variables.
The existing trade-off analysis methods calculate the maximum changes in a specific throughput when another throughput is changed.
We will show that binding efficient supporting surfaces of an efficient point may be used to define different marginal rates of substitutions and in this sense, we get different marginal rates to each frontier point.
American Psychological Association (APA)
Mirzaei, Mohsen& Kordrostami, Sohrab& Amirteimoori, Alireza& Chegini, Mehrdad G.. 2016. Alternative Trade-Offs in Data Envelopment Analysis: An Application to Hydropower Plants. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-8.
https://search.emarefa.net/detail/BIM-1111738
Modern Language Association (MLA)
Mirzaei, Mohsen…[et al.]. Alternative Trade-Offs in Data Envelopment Analysis: An Application to Hydropower Plants. Mathematical Problems in Engineering No. 2016 (2016), pp.1-8.
https://search.emarefa.net/detail/BIM-1111738
American Medical Association (AMA)
Mirzaei, Mohsen& Kordrostami, Sohrab& Amirteimoori, Alireza& Chegini, Mehrdad G.. Alternative Trade-Offs in Data Envelopment Analysis: An Application to Hydropower Plants. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-8.
https://search.emarefa.net/detail/BIM-1111738
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1111738