An Improved DEA Prospect Cross-Efficiency Evaluation Method and Its Application in Fund Performance Analysis
نویسندگان
چکیده
It is well known that a traditional data envelopment analysis (DEA) cross-efficiency evaluation model assumes the decision-makers are completely rational, which causes results to be inconsistent with actual situation. To remedy this, in this paper, we propose an improved DEA prospect method called EPCE model. The captures risk attitude of and retains decision information process. In particular, new approach generates more practical, realistic weighting scheme measure provides reliable technique for ordering decision-making units (DMUs) from perspective multi-criteria analysis. Finally, demonstrate validity reliability proposed approach, show empirical mutual fund investment selection Chinese market.
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ژورنال
عنوان ژورنال: Mathematics
سال: 2023
ISSN: ['2227-7390']
DOI: https://doi.org/10.3390/math11030585