文章基本信息

标题：Data-driven weights and restrictions in the construction of composite indicators
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作者：Perišić, Ana
期刊名称：Croatian Operational Research Review
印刷版ISSN：1848-0225
出版年度：2015
卷号：6
期号：1
页码：29-42
DOI：10.17535/crorr.2015.0003
语种：English
出版社：Croatian Operational Research Society
摘要：Composite indicators are increasingly recognized as a useful tool in policy analysis and public communication. However, if poorly constructed, they can send misleading policy messages. Perhaps the most difficult aspect of constructing a composite indicator is choosing weights for the components. The categorization of Croatian territorial units for development policy is based on the value of the composite indicator called the development index. The main goal of this paper is to propose an empirical approach for weight selection. In order to generate the set of non-subjective weights, principal component analysis and linear programming methods have been applied. An application of data envelopment analysis to the field of composite indicators, known as the Benefit-of-the-Doubt approach, has been demonstrated subject to proportional sub-indicator share restrictions. Additionally, the Monte Carlo simulation of weights was conducted, and confidence intervals for the values of the development index were estimated. Owing to the fact that the examined weighting schemes have resulted in the different categorization of territorial units, use of unit-specific weights and incorporating uncertainty in the construction of a composite indicator looks promising for further work.
关键词：composite indicator; development index; weighting; principal component analysis; benefit of the doubt