Improved performance evaluation of comparable units with data envelopment analysis (DEA)

Ronald Klimberg, Kenneth D. Lawrence, Sheila M. Lawrence

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

Regression analysis is a commonly applied technique used to measure the relationship/predict/forecast of comparable units. A set of comparable units is some group of entities each performing somewhat the same set of activities. In this chapter, we will apply a modified version of our recently developed methodology to incorporate into the regression analysis a new variable that captures the unique weighting of each comparable unit. This new variable is the relative efficiency of each comparable unit that will be generated by a technique called data envelopment analysis (DEA). The results of applying this methodology with the DEA variable to a hospital labor data set will be presented.

Original languageEnglish (US)
Pages (from-to)65-75
Number of pages11
JournalAdvances in Business and Management Forecasting
Volume5
DOIs
StatePublished - 2008

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)

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