Presenting DEA graphically |
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Authors: | Nicole Adler Adi Raveh |
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Affiliation: | School of Business Administration, Hebrew University of Jerusalem, Israel |
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Abstract: | This paper introduces a methodology that permits presentation of the results of data envelopment analysis (DEA) graphically. A specialized form of multi-dimensional scaling, Co-Plot, enables presentation of the DEA results in a two-dimensional space, hence in a clear, understandable manner. When plotting ratios rather than original data, DEA efficient units can be visualized clearly, as well as their connections to specific variables and/or ratios. Furthermore, Co-Plot can be used in an exploratory data analysis to identify outliers, whose data require additional scrutiny, and potentially inconsequential variables that could be aggregated or removed from the analysis with little effect on the subsequent DEA results. |
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Keywords: | Data envelopment analysis Multi-dimensional scaling Efficiency Co-Plot |
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