COMBINING THE DISCRIMINANT ANALYSIS AND THE DATA ENVELOPMENT ANALYSIS IN VIEW OF MULTIPLE CRITERIA DECISION MAKING: A NEW MODEL

Hasan BAL, H. Hasan ÖRKÇÜ
2.265 658

Abstract


ABSTRACT

In this paper, a new classification model which combines the discriminant analysis and the data envelopment analysis and bases on on the multicriteria decision making is developed. Our suggested model utilizes the relative efficiency concept of the data envelopment analysis in predicting group membership of units. The study is supported with an application which examines a few selected socioeconomic indicators of some member and candidate countries of European Union.


Keywords


Key Words: Classification, Discriminant Analysis, Data Envelopment Analysis, multiple criteria decision making, efficiency

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