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Composite Indices, Alternative Weights, and Comparison Robustness

Abstract:

Composite indices are widely used and can be highly influential. Yet most remain controversial owing to inter alia the arbitrary selection of component weights. Several studies have proposed testing the robustness of rankings generated by composite indices with respect to alternative weights but have not provided sufficient guidance on the choice of these alternatives. This paper proposes a holistic yet theoretically novel approach for selecting sets of alternatives weights and assessing comp...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

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Department:
Oxford, SSD, International Development
Role:
Author
More by this author
Department:
Oxford, SSD, International Development
Role:
Author
Publisher:
Oxford Poverty & Human Development Initiative Publisher's website
Journal:
OPHI Working Papers Journal website
Issue:
106
Pages:
1-24
Chapter number:
106
Publication date:
2016-10-01
Acceptance date:
2016-10-01
ISSN:
2040-8188
Pubs id:
pubs:661884
URN:
uri:4d4fb565-47fd-4e3a-88ca-5148c758ae6c
UUID:
uuid:4d4fb565-47fd-4e3a-88ca-5148c758ae6c
Local pid:
pubs:661884
Paper number:
106
ISBN:
978-19-0719-491-9

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