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author:

Zhang, Xing-Xian (Zhang, Xing-Xian.) [1] | Chen, Lei (Chen, Lei.) [2] | Wang, Xu (Wang, Xu.) [3] | Zuo, Wenjin (Zuo, Wenjin.) [4] | Liu, Lijun (Liu, Lijun.) [5] | Wang, Ying-Ming (Wang, Ying-Ming.) [6]

Indexed by:

Scopus SCIE

Abstract:

Cross-efficiency evaluation (CEE) is an effective tool for ranking decision-making units (DMUs). The traditional data envelopment analysis (DEA) model employs self-evaluation to measure the performance of DMUs. CEE, as an extension of the DEA, includes self-evaluation and peer-evaluation, assessing the overall performance of each DMU through its own weights and the weights of all DMUs. The current CEE, however, aggregates self-evaluation and peer-evaluation efficiencies mostly via the arithmetic average, which underestimates the importance of self-evaluation and ignores the subjective preferences of decision-makers as well. To address this deficiency, considering the fairness mentality of decision-makers, this paper first introduces the regret theory to depict the regret aversion of decision-makers, and proposes the fair regret cross-efficiency aggregation (FRCEA) method (Method 1). Then the upper and lower limits of the fair regret interval cross-efficiency (FRICE) are calculated, and parameters reflecting the preferences of decision-makers are introduced. Next, this paper puts forth a consensus cross-efficiency aggregation (CCEA) method (Method 2) based on the efficiency expectations of DMUs and the actual aggregation results. By creating a fair evaluation environment, this paper aims to enable all DMUs to participate in the efficiency evaluation and accept the results, reaching a final consensus. Finally, the effectiveness and rationality of the methods above are verified after evaluating the academic research efficiencies of 13 prestigious universities in China.

Keyword:

Cross-efficiency evaluation Data envelopment analysis Fairness mentality Group consensus Regret theory

Community:

  • [ 1 ] [Zhang, Xing-Xian]Tongling Univ, Sch Architecture & Engn, Tongling 244061, Peoples R China
  • [ 2 ] [Chen, Lei]Fuzhou Univ, Decis Sci Inst, Fuzhou 350116, Peoples R China
  • [ 3 ] [Wang, Ying-Ming]Fuzhou Univ, Decis Sci Inst, Fuzhou 350116, Peoples R China
  • [ 4 ] [Wang, Xu]Chongqing Normal Univ, Sch Econ & Management, Chongqing 401331, Peoples R China
  • [ 5 ] [Zuo, Wenjin]Shanghai Univ Finance & Econ, Digital Intelligence Management Res Inst, Zhejiang Coll, Jinhua 321015, Peoples R China
  • [ 6 ] [Liu, Lijun]Shanghai Univ Finance & Econ, Digital Intelligence Management Res Inst, Zhejiang Coll, Jinhua 321015, Peoples R China
  • [ 7 ] [Wang, Ying-Ming]Fuzhou Univ, Key Lab Spatial Data Min & Informat Sharing, Minist Educ, Fuzhou 350116, Peoples R China

Reprint 's Address:

  • [Liu, Lijun]Shanghai Univ Finance & Econ, Digital Intelligence Management Res Inst, Zhejiang Coll, Jinhua 321015, Peoples R China

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Source :

OPERATIONAL RESEARCH

ISSN: 1109-2858

Year: 2025

Issue: 2

Volume: 25

2 . 3 0 0

JCR@2023

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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