Turkish Journal of Mathematics
DOI
10.3906/mat-1610-124
Abstract
This paper deals with an extension of proper efficiency that considers bounded and unbounded trade-offs between objective functions. While trade-offs between objective functions are unbounded, the rate of growth for these trade-offs is computed by applying a metric. A new concept, namely quasi-proper efficiency is introduced that shows that rate of growth of trade-off between objective functions. Two appropriate characterizations for this concept are developed: the first one is based on a scalar function utilizing the Chebyshev norm and the second one is in terms of the concept of stability.
First Page
1156
Last Page
1165
Recommended Citation
POURKARIMI, LATIF and KARIMI, MASOUD
(2018)
"Quasi-proper efficiency: a quantitative enhanced efficiency,"
Turkish Journal of Mathematics: Vol. 42:
No.
3, Article 32.
https://doi.org/10.3906/mat-1610-124
Available at:
https://journals.tubitak.gov.tr/math/vol42/iss3/32
