ALTERNATIVE APPROACHES TO EFFICIENCY EVALUATION OF HIGHER EDUCATION INSTITUTIONS

Authors

  • Andrea Furková University of Economics in Bratislava

DOI:

https://doi.org/10.7160/eriesj.2013.060304

Keywords:

Efficiency measurement, Higher education institutions, Multicriteria Decision Making Methods, Stochastic Frontier Analysis

Abstract

Evaluation of efficiency and ranking of higher education institutions is very popular and important topic of public policy. The assessment of the quality of higher education institutions can stimulate positive changes in higher education. In this study we focus on assessment and ranking of Slovak economic faculties. We try to apply two different quantitative approaches for evaluation Slovak economic faculties - Stochastic Frontier Analysis (SFA) as an econometric approach and PROMETHEE II as multicriteria decision making method. Via SFA we examine faculties’ success from scientific point of view, i.e. their success in area of publications and citations. Next part of analysis deals with assessing of Slovak economic sciences faculties from overall point of view through the multicriteria decision making method. In the analysis we employ panel data covering 11 economic faculties observed over the period of 5 years. Our main aim is to point out other quantitative approaches to efficiency estimation of higher education institutions.

References

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  • Furková, A., Reiff, M., Kita, P. (2012) ‘Retail attractiveness analysis via multicriteria decision making methods’ Proceedings of  17th international scientific conference Strategic management and decision support systems in strategic management: strategic management and overcoming the economic and financial crisis, Subotica - Palic, pp. 1-7.

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    • Additional Files

    Published

    2013-09-30

    How to Cite

    Furková, A. (2013) ’ALTERNATIVE APPROACHES TO EFFICIENCY EVALUATION OF HIGHER EDUCATION INSTITUTIONS’, Journal on Efficiency and Responsibility in Education and Science, vol. 6, no. 3, pp. 167–178. https://doi.org/10.7160/eriesj.2013.060304

    Issue

    Vol. 6 No. 3 (2013)

    Section

    Research Paper

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