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A Dea-based Approach To Ranking Multi-criteria Alternatives

ABSTRACT


A DEA-BASED APPROACH TO RANKING
MULTI-CRITERIA ALTERNATIVES


Tuncer, Ceren
M.Sc., Department of Industrial Engineering
Supervisor: Prof. Dr. Murat K&ouml / ksalan


August 2006, 88 pages



This thesis addresses the problem of ranking multi-criteria alternatives. A Data Envelopment Analysis (DEA)-based approach, the Method of the Area of the Efficiency Score Graph (AES) is proposed. Rather than assessing the alternatives with respect to the fixed original alternative set as done in the existing DEA-based ranking methods, AES considers the change in the efficiency scores of the alternatives while reducing the size of the alternative set. Producing a final score for each alternative that accounts for the progress of its efficiency score, AES favors alternatives that manage to improve quickly and maintain high levels of efficiency. The preferences of the Decision Maker (DM) are incorporated into the analysis in the form of weight restrictions. The utilization of the AES scores of the alternatives in an incremental clustering algorithm is also proposed. The AES Method is applied to rank MBA programs worldwide, sorting of the programs is also performed using their AES scores. Results are compared to another DEA-based ranking method.



Keywords: Ranking, data envelopment analysis, weight restrictions.

Identiferoai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12607476/index.pdf
Date01 August 2006
CreatorsTuncer, Ceren
ContributorsKoksalan, Murat
PublisherMETU
Source SetsMiddle East Technical Univ.
LanguageEnglish
Detected LanguageEnglish
TypeM.S. Thesis
Formattext/pdf
RightsTo liberate the content for public access

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