An algorithm for the anchor points of the PPS of the BCC model

Anchor points play an important role in data envelopment analysis theory and applications; they delineate the efficient part of the production possibility set (PPS) frontier. In this paper, we propose an approach for finding the anchor points of the PPS of the Banker, Charnes and Cooper (BCC) model....

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Bibliographic Details
Published in:Financial innovation (Heidelberg) 2022-12, Vol.8 (1), p.1-14, Article 88
Main Authors: Akbarian, Dariush, Bani, Ali Akbar, Rostamy-Malkhalifeh, Mohsen, Hosseinzadeh Lotfi, Farhad
Format: Article
Language:English
Subjects:
Anchor point
Data envelopment analysis
Data envelopment analysis (DEA)
Economics
Economics and Finance
Efficiency
Efficient and inefficient boundary
Macroeconomics/Monetary Economics//Financial Economics
Mathematics
Political Economy/Economic Systems
Production Possibility Set (PPS)
Sensitivity analysis
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Summary:Anchor points play an important role in data envelopment analysis theory and applications; they delineate the efficient part of the production possibility set (PPS) frontier. In this paper, we propose an approach for finding the anchor points of the PPS of the Banker, Charnes and Cooper (BCC) model. This approach is based on a variant of super-efficiency models and their duals. The necessary and sufficient conditions for the characterization of the anchor points are also provided. Finally, the applicability of the proposed model is illustrated with some numerical examples.
ISSN:2199-4730
2199-4730
DOI:10.1186/s40854-022-00392-z