IDEAS home Printed from https://ideas.repec.org/a/ids/ijores/v41y2021i4p514-534.html
   My bibliography  Save this article

A novel method of variable selection in data envelopment analysis with entropy measures

Author

Listed:
  • Qiang Deng
  • Zhaotong Lian
  • Qi Fu

Abstract

In data envelopment analysis (DEA) modelling applications, analysts typically experience difficulty in choosing variables when the number of variables is greater than the number of decision-making units (DMUs). In this paper, we develop a novel method to facilitate variable selection in DEA using entropy theory to avoid information redundancy. A numerical analysis is provided to compare our method to those of related studies. The results show that our proposed method produces a lower Akaike information criteria (AIC) value than other approaches. By presenting a real-world case, we show that this new method yields useful managerial results.

Suggested Citation

  • Qiang Deng & Zhaotong Lian & Qi Fu, 2021. "A novel method of variable selection in data envelopment analysis with entropy measures," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 41(4), pages 514-534.
  • Handle: RePEc:ids:ijores:v:41:y:2021:i:4:p:514-534
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=117072
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qiang Deng, 2024. "A Combined OCBA–AIC Method for Stochastic Variable Selection in Data Envelopment Analysis," Mathematics, MDPI, vol. 12(18), pages 1-15, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijores:v:41:y:2021:i:4:p:514-534. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=170 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.