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Sensitivity of university rankings: implications of stochastic dominance efficiency analysis

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  • Mehmet Pinar
  • Joniada Milla
  • Thanasis Stengos

Abstract

To create their rankings, university-ranking agencies usually combine multiple performance measures into a composite index. However, both rankings and index scores are sensitive to the weights assigned to performance measures. This paper uses a stochastic dominance efficiency methodology to obtain two extreme, case-weighting vectors using the Academic Ranking of Worldwide Universities (ARWU) and Times Higher Education (THE) data, both of which lead to the highest and lowest index outcomes for the majority of universities. We find that both composite scores and rankings are very sensitive to weight variations, especially for middle- and low-ranked universities.

Suggested Citation

  • Mehmet Pinar & Joniada Milla & Thanasis Stengos, 2019. "Sensitivity of university rankings: implications of stochastic dominance efficiency analysis," Education Economics, Taylor & Francis Journals, vol. 27(1), pages 75-92, January.
    • Handle: RePEc:taf:edecon:v:27:y:2019:i:1:p:75-92
    DOI: 10.1080/09645292.2018.1512560
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    Cited by:

    1. Adeline Dugerdil & Lara Sponagel & Awa Babington-Ashaye & Antoine Flahault, 2022. "International University Ranking Systems and Their Relevance for the Medical and Health Sciences – A Scoping Review," International Journal of Higher Education, Sciedu Press, vol. 11(5), pages 102-102, October.
    2. Mehmet Pinar & Timothy J Horne, 2022. "Assessing research excellence: Evaluating the Research Excellence Framework," Research Evaluation, Oxford University Press, vol. 31(2), pages 173-187.
    3. Giovanni Bernardo & Irene Brunetti & Mehmet Pinar & Thanasis Stengos, 2021. "Measuring the presence of organized crime across Italian provinces: a sensitivity analysis," European Journal of Law and Economics, Springer, vol. 51(1), pages 31-95, February.
    4. Vicente Safón, 2019. "Inter-ranking reputational effects: an analysis of the Academic Ranking of World Universities (ARWU) and the Times Higher Education World University Rankings (THE) reputational relationship," Scientometrics, Springer;Akadémiai Kiadó, vol. 121(2), pages 897-915, November.

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