An analysis of Asian airlines efficiency with two-stage TOPSIS and MCMC generalized linear mixed models

This study reports on the performance assessment of the Asian airlines using TOPSIS – a multi-criteria decision making technique – as the cornerstone method to compute efficiency scores. Subsequently, and observing indicators frequently found in literature, TOPSIS results on efficiency levels are co...

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Bibliographic Details
Published inInternational journal of production economics Vol. 169; pp. 110 - 126
Main Authors Wanke, Peter, Pestana Barros, Carlos, Chen, Zhongfei
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.11.2015
Elsevier Sequoia S.A
Subjects
Airline industry
Airlines
Asia
Cost structure
Decision making models
Efficiency
GLMM-MCMC
Learning curves
Market positioning
Multiple criteria decision making
Studies
TOPSIS
Two-stage approaches
Asia
Two-stage approaches
Airlines
GLMM-MCMC
Asia
TOPSIS
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Summary:This study reports on the performance assessment of the Asian airlines using TOPSIS – a multi-criteria decision making technique – as the cornerstone method to compute efficiency scores. Subsequently, and observing indicators frequently found in literature, TOPSIS results on efficiency levels are combined with GLMM-MCMC methods to assess the impact of contextual variables on performance. The results reveal significant impacts of cost structure, ownership type, market positioning, and mileage program offered on efficiency levels. Findings also suggest that gains in efficiency level were stagnated over the period analyzed, implying the inexistence of a learning curve. •This paper uses TOPSIS to assess the efficiency of Asian airlines.•TOPSIS is used in a two-stage approach with MCMC-GLMM.•Contextual variables affect efficiency.•Findings also indicate the inexistence of a learning curve.
ISSN:0925-5273
1873-7579
DOI:10.1016/j.ijpe.2015.07.028