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A Comparative Analysis of the Dea-Ccr Model and the Vikor Method
Yugoslav journal of operations research, Tome 18 (2008) no. 2, p. 187

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Zbl

Data Envelopment Analysis (DEA) introduces a model for weights determination maximizing efficiency of the decision-making units. The primary focus of the DEA model is to compare decision-making units (alternatives) in terms of their efficiency in converting inputs into outputs. The multicriteria decision making (MCDM) method VIKOR uses a common set of weights expressing a decision maker's preferences. In contrast, the CCR model of DEA does not provide a common set of weights that could express the preferences of a decision maker. The weights in MCDM do not have a clear economic significance, but their use provides the opportunity to model the real aspects of decision making, such as the preference structure. A comparison of DEA and MCDM shows that DEA resembles MCDM, but the results differ. In spite of these differences, DEA could be used as a supplement for screening alternatives within MCDM. An application of DEA and MCDM is illustrated by an example of hydropower system planning.
Classification : 90B50 62C25
Keywords: Multi criteria, decision making, data envelopment analysis, compromise. 
Serafim Opricovic; Gwo-Hshiung Tzeng. A Comparative Analysis of the Dea-Ccr Model and the Vikor Method. Yugoslav journal of operations research, Tome 18 (2008) no. 2, p. 187 . http://geodesic.mathdoc.fr/item/YJOR_2008_18_2_a4/
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     title = {A {Comparative} {Analysis} of the {Dea-Ccr} {Model} and the {Vikor} {Method}},
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     pages = {187 },
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