PARETO-EFFICIENT TARGET BY OBTAINING THE FACETS OF THE EFFICIENT FRONTIER IN DEA
In this paper, we propose an algorithm to calculate an improvement target for each inefficient DMU in the CCR model by calculating all equations forming the facets of the efficient frontier. By introducing a parameter into the algorithm, we calculate a minimal distance point or a Pareto-efficient point on the efficient frontier as an improvement target. All improvement targets are obtained by solving quadratic mathematical problems.
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Copyright (c) 2010 Journal of Nonlinear Analysis and Optimization: Theory & Applications
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