New model revolutionizes efficiency assessment for bank branches in Iran!
The article introduces a new method to assess the efficiency of decision-making units using ratio data, which traditional models struggle with. The researchers developed a two-stage model that considers different scenarios and offers a better way to evaluate efficiency in networks. Testing this model on bank branches in Iran showed improved accuracy in efficiency measurements and addressed previous issues like pseudo-inefficiency. The new approach not only overcomes limitations of existing methods but also enhances the reliability of efficiency assessments.