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Rank robustness of composite indices : dominance and ambiguity

Abstract:

Many structures in economics – from development indices to expected utility – take the form of a linear composite index, which aggregates linearly across multiple dimensions using a vector of weights. Judgments rendered by composite indices are often given great importance, yet by definition are contingent on an initial vector of weights. A comparison made with one weighting vector could be robust to variations in the weights or, alternatively, it may be reversed at some other plausible ve...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Institution:
University of Oxford
Division:
SSD
Department:
International Development
Research group:
Oxford Poverty and Human Development Initiative (OPHI)
Role:
Author
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
International Development
Research group:
Oxford Poverty and Human Development Initiative (OPHI)
Role:
Author
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
International Development
Research group:
Oxford Poverty and Human Development Initiative (OPHI)
Role:
Author
Economic and Social Research Council More from this funder
Robertson Foundation More from this funder
Georg-August-Universität Göttingen More from this funder
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Publisher:
Oxford Poverty & Human Development Initiative (OPHI) Publisher's website
Series:
OPHI working paper
Publication date:
2012-01-01
ISSN:
2040-8188
Paper number:
26b
ISBN:
9781907194436
Language:
English
Keywords:
UUID:
uuid:5c247b0e-9e98-4c7c-95f0-2a8d09056434
Local pid:
ora:9416
Deposit date:
2014-11-27

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