Cost-effectiveness evaluation of IHEs based on grey relation analysis with weights by DEA Model

Author

Sui Yin ; Li Gang ; Zhang Xin-jing

Author_Institution

Dept. of Open Teaching, Anyang Univ. of Radio & Telev., Anyang, China

fYear

2011

Firstpage

154

Lastpage

158

Abstract

The Grey Relation Analysis (GRA) with weight is presented in this paper. Specifically, the inhomogeneous weights-making model based on Data Envelopment Analysis (DEA) is introduced, which can overcome the regret between subjective values and homogenization evaluation. Through the cost-effectiveness on input and output index analysis of Institution of Higher Educations (IHEs), the evaluation index system is built. Moreover, according to managerial benefit conducts in 8 similar undergraduate colleges, an empirical analysis based on the DEA-GRA model is studied, whose results show that this model method in the managerial benefit evaluation of higher school has many advantages, such as suitability. And the evaluation result is coincident to actual situation.

Keywords

data envelopment analysis; further education; grey systems; DEA model; Institution of Higher Educations; cost-effectiveness evaluation; data envelopment analysis; evaluation index system; grey relation analysis; homogenization evaluation; inhomogeneous weights-making model; input index analysis; managerial benefit evaluation; output index analysis; subjective values; undergraduate colleges; Correlation; Educational institutions; Cost-effectiveness evaluation; data envelopment analysis(DEA); grey relation analysis(GRA); institution of higher educations(IHEs); weights-making model;

fLanguage

English

Publisher

ieee

Conference_Titel

Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-61284-490-9

Type

conf

DOI

10.1109/GSIS.2011.6043983

Filename

6043983