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A game theoretic approach to measuring efficiency

European Journal of Operational ResearchPublished 1 October 1980
Rajiv D. Banker
Citations95
SJR quartileQ1
SJR score2.24
SNIP2.62

Abstract

Correspondence with a new mathematical programming definition for efficiency as proposed by Charnes, Cooper and Rhodes (CCR) is established by means of game theoretical models. Contact with all of the CCR results is also maintained so that their results extend to our new game theoretic interpretations. The latter proceeds by means of a family of games related to a linear programming problem. The games-to-programming relations which we establish also open new possibilities for further relations between families of games and linear programs.

Keywords

Decision SciencesEngineeringBusiness, Management and Accounting