Composite Indicator(s)

Multidimensional measures, else termed composite indicators, are meant to give signals of society’s performance in complex fields, such as innovation, competitiveness, and poverty. They are calculated as a function of indicators and weights, ideally based on a conceptual or theoretical framework of the issue being tackled. Weights may represent the relative importance of each indicator or be implied by the data. The function may involve linear or geometric averaging or use of outscoring matrix in a multi-criteria setting. In their simplest and most frequent form, composite indicators are built by averaging normalized country values across a set of indicators.

SAISANA Michaela; 

2015-01-20

Springer

JRC92159

978-94-007-0753-5,   

http://link.springer.com/referenceworkentry/10.1007/978-94-007-0753-5_504,    https://publications.jrc.ec.europa.eu/repository/handle/JRC92159,   

10.1007/978-94-007-0753-5_504,