Chance constrained directional models in stochastic data envelopment analysis

Fuente: arXiv
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Autori principali: Bolos, Vicente J., Benitez, Rafael, Coll-Serrano, Vicente
Natura: Preprint
Pubblicazione: 2024
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author Bolos, Vicente J.
Benitez, Rafael
Coll-Serrano, Vicente
author_facet Bolos, Vicente J.
Benitez, Rafael
Coll-Serrano, Vicente
contents We construct a new family of chance constrained directional models in stochastic data envelopment analysis, generalizing the deterministic directional models and the chance constrained radial models. We prove that chance constrained directional models define the same concept of stochastic efficiency as the one given by chance constrained radial models and, as a particular case, we obtain a stochastic version of the generalized Farrell measure. Finally, we give some examples of application of chance constrained directional models with stochastic and deterministic directions, showing that inefficiency scores obtained with stochastic directions are less or equal than those obtained considering deterministic directions whose values are the means of the stochastic ones.
format Preprint
id arxiv_https___arxiv_org_abs_2410_14295
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Chance constrained directional models in stochastic data envelopment analysis
Bolos, Vicente J.
Benitez, Rafael
Coll-Serrano, Vicente
Probability
Optimization and Control
90C15, 90C25
We construct a new family of chance constrained directional models in stochastic data envelopment analysis, generalizing the deterministic directional models and the chance constrained radial models. We prove that chance constrained directional models define the same concept of stochastic efficiency as the one given by chance constrained radial models and, as a particular case, we obtain a stochastic version of the generalized Farrell measure. Finally, we give some examples of application of chance constrained directional models with stochastic and deterministic directions, showing that inefficiency scores obtained with stochastic directions are less or equal than those obtained considering deterministic directions whose values are the means of the stochastic ones.
title Chance constrained directional models in stochastic data envelopment analysis
topic Probability
Optimization and Control
90C15, 90C25
url https://arxiv.org/abs/2410.14295