Restricting the weights and the judgment values in dea models
- Pilar Alberca 1
- Jorge Santos 2
- 1 Departamento de Economía de la Empresa y Contabilidad , UNED
- 2 Departamento de Matemática, CIMA, ECT, Universidade de Évora
- Ginzo Villamayor, María José (ed. lit.)
- Alonso Meijide, José María (ed. lit.)
- Ramil Novo, Luis Alberto (ed. lit.)
Publisher: Sociedade Galega para a Promoción da Estatística e da Investigación de Operacións (SGAPEIO) ; Servizo de Publicacións ; Deputación de Lugo
ISBN: 978-84-8192-522-7
Year of publication: 2015
Pages: 275-281
Congress: Congreso galego de Estatística e Investigación de Operacións (12. 2015. Lugo)
Type: Conference paper
Abstract
This paper analyzes the operational efficiency of the Spanish hotel industry by Data envelopment Analysis (DEA) under a restricted weights modeling framework. The study develops a novel approach to hotel efficiency evaluation that aims to overcome some limitations of conventional DEA models, specifically that several of the units assessed only considers one or some variables instead of all of them. This problem can be solved by applying weights restrictions in order to incorporate judgment values and increase the discriminating potential of the conventional DEA models. .