Title: Comprehensive evaluation of performance of 21 Chinese industrial parks based on DEA and IDEA model
Authors: Qian Zhang; Bingjiang Zhang
Addresses: School of Applied Science, Beijing Information Science and Technology University, Beijing, China ' School of Applied Science, Beijing Information Science and Technology University, Beijing, China
Abstract: In this paper, based on the DEA model and the inverted DEA model, a new comprehensive evaluation indicator is constructed to evaluate the performance of 21 Chinese industrial parks. The standard DEA model is usually used to evaluate the efficiency of decision making units with desirable variables, while the data information of some decision making units also contains undesirable variables. In order to make more full use of the initial data for evaluation, it is considered to introduce an inverted DEA model for evaluating undesirable variables. The indicators of the two models are then combined for comprehensive evaluation. Using the comprehensive evaluation indicator constructed in the paper, 21 Chinese industrial parks were evaluated. The results show that the performance indicator takes into account the psychological characteristics of human beings, which is more realistic, and also improves the distinguishing ability of standard DEA evaluation.
Keywords: comprehensive evaluation; data envelopment analysis; DEA; inverted data envelopment analysis; inverted DEA; prospect theory; PT; industrial park performance.
International Journal of Applied Decision Sciences, 2019 Vol.12 No.2, pp.141 - 157
Available online: 15 Jan 2019 *Full-text access for editors Access for subscribers Purchase this article Comment on this article