The weighted additive distance function
•The literature on the use of the weighted additive model is reviewed.•The necessity of endowing this model with a distance function structure is remarked.•A new weighted additive distance function is introduced.•The main properties of this distance and the way of implementing it are shown.•The exis...
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Published in: | European journal of operational research Vol. 254; no. 1; pp. 338 - 346 |
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Main Authors: | , , |
Format: | Journal Article |
Language: | English |
Published: |
Amsterdam
Elsevier B.V
01-10-2016
Elsevier Sequoia S.A |
Subjects: | |
Online Access: | Get full text |
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Summary: | •The literature on the use of the weighted additive model is reviewed.•The necessity of endowing this model with a distance function structure is remarked.•A new weighted additive distance function is introduced.•The main properties of this distance and the way of implementing it are shown.•The existence of a dual relationship regarding the profit function is proved.
Distance functions in production theory are mathematical structures that characterize the belonging to the reference technology through a numerical value, behave as technical efficiency measures when the focus is analyzing an observed input–output vector within its production possibility set and present a dual relationship with some support function (profit, revenue, cost function). In this paper, we endow the well-known weighted additive models in Data Envelopment Analysis with a distance function structure, introducing the Weighted Additive Distance Function and showing its main properties. |
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Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23 |
ISSN: | 0377-2217 1872-6860 |
DOI: | 10.1016/j.ejor.2016.04.006 |