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ASSESSING THE ROBUSTNESS OF COMPOSITE INDICES RANKINGS
Authors:IÑAKI PERMANYER
Institution:Fulbright Visiting Scholar at Cornell University, Department of City and Regional Planning
Abstract:Ranking objects in terms of different attributes is a crucial practice that is typically sensitive to the choice of attributes' weights. In this paper we present rigorous methods to assess the extent to which the weight‐based rankings are robust to the choice of alternative weights. Empirical illustrations are provided, showing the robustness of country rankings arising from the values of the UNDP Human Development Index, the Gender‐related Development Index, or the Human Poverty Index among others. The ideas and techniques presented in this paper can be used to assess the reliability of multiattribute rankings.
Keywords:C02  I31  O12  O15  composite index  weighting scheme  sensitivity analysis  robustness  Human Development Index  UNDP
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