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EU’s Dynamic Evaluation of Energy Efficiency: Combining Data Envelopment Analysis and Multicriteria Decision Making

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Global Energy Policy and Security

Part of the book series: Lecture Notes in Energy ((LNEN,volume 16))

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Notes

  1. 1.

    Malta is excluded due to unavailability of some data.

  2. 2.

    Pearson’s correlation coefficient between two variables is defined as the covariance of the two variables divided by the product of their standard deviations. It is a measure of the strength of linear dependence between two variables, ranging between [−1, 1].

  3. 3.

    The Kendall’s tau coefficient is a statistic used to measure the rank correlation between two measured quantities. Similarly to other correlation measures, Kendall’s tau ranges in [−1, 1], with larger positive/negative values indicating a stronger (positive or negative) rank association of the two variables.

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Author information

Authors and Affiliations

  1. Research Centre for Energy Management, ESCP Europe Business School, London, UK

    Georgia Makridou & Kostas Andriosopoulos

  2. Technical University of Crete, Chania, Greece

    Georgia Makridou

  3. Department of Production Engineering and Management, Financial Engineering Laboratory, Technical University of Crete, University Campus, Chania, 73100, Greece

    Michael Doumpos & Constantin Zopounidis

  4. Audencia Group, School of Management, Nantes, France

    Constantin Zopounidis

Authors
  1. Georgia Makridou
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  2. Kostas Andriosopoulos
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  3. Michael Doumpos
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  4. Constantin Zopounidis
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Corresponding author

Correspondence to Georgia Makridou .

Editor information

Editors and Affiliations

  1. Faculty of Life Sciences, Hamburg University of Applied Sciences, Hamburg, Germany

    Walter Leal Filho

  2. Research Centre for Energy Management, ESCP Europe Business School, ABM Analytics Ltd, London, United Kingdom

    Vlasios Voudouris

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Makridou, G., Andriosopoulos, K., Doumpos, M., Zopounidis, C. (2013). EU’s Dynamic Evaluation of Energy Efficiency: Combining Data Envelopment Analysis and Multicriteria Decision Making. In: Leal Filho, W., Voudouris, V. (eds) Global Energy Policy and Security. Lecture Notes in Energy, vol 16. Springer, London. https://doi.org/10.1007/978-1-4471-5286-6_8

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  • DOI: https://doi.org/10.1007/978-1-4471-5286-6_8

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  • Print ISBN: 978-1-4471-5285-9

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