• Complex
  • Title
  • Keyword
  • Abstract
  • Scholars
  • Journal
  • ISSN
  • Conference
成果搜索

author:

Chen, L. (Chen, L..) [1] | Wang, Y.-M. (Wang, Y.-M..) [2] | Huang, Y. (Huang, Y..) [3]

Indexed by:

Scopus

Abstract:

The arithmetic average method is usually adopted to aggregate cross-efficiency in traditional cross-efficiency methods. However, this method not only underestimates the importance of self-evaluation, but also ignores the subjective preference of decision-makers. This paper thus introduces prospect theory to describe the subjective preference of decision-makers in the aggregation process when they face gains and losses, then a new method is constructed to aggregate cross-efficiency. Based on the differences between the psychological expectations and aggregation results, the expectations are constantly adjusted until a consensus on aggregation results is reached. An aggregation result that is more acceptable to all decision-making units can then be obtained. Finally, the proposed method is applied to aggregate the cross-efficiency of 27 industrial robots to illustrate its effectiveness and convergence. © 2019, Springer Science+Business Media, LLC, part of Springer Nature.

Keyword:

Consensus process; Convergence; Data envelopment analysis; Efficiency aggregation; Prospect theory

Community:

  • [ 1 ] [Chen, L.]Decision Science Institute, School of Economics and Management, Fuzhou University, Fuzhou, 350108, China
  • [ 2 ] [Wang, Y.-M.]Decision Science Institute, School of Economics and Management, Fuzhou University, Fuzhou, 350108, China
  • [ 3 ] [Wang, Y.-M.]Key Laboratory of Spatial Data Mining and Information Sharing of Ministry of Education, Fuzhou University, Fuzhou, 350108, China
  • [ 4 ] [Huang, Y.]Decision Science Institute, School of Economics and Management, Fuzhou University, Fuzhou, 350108, China
  • [ 5 ] [Huang, Y.]College of Computer and Information Sciences, Fujian Agriculture and Forestry University, Fuzhou, 350002, China

Reprint 's Address:

  • [Wang, Y.-M.]Decision Science Institute, School of Economics and Management, Fuzhou UniversityChina

Show more details

Related Keywords:

Related Article:

Source :

Annals of Operations Research

ISSN: 0254-5330

Year: 2020

Issue: 1

Volume: 288

Page: 115-135

4 . 8 5 4

JCR@2020

4 . 4 0 0

JCR@2023

ESI HC Threshold:132

JCR Journal Grade:1

CAS Journal Grade:3

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 23

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

Affiliated Colleges:

Online/Total:1103/13865516
Address:FZU Library(No.2 Xuyuan Road, Fuzhou, Fujian, PRC Post Code:350116) Contact Us:0591-22865326
Copyright:FZU Library Technical Support:Beijing Aegean Software Co., Ltd. 闽ICP备05005463号-1