New weighting scheme for the dimensions in multidimensional poverty indices
By now, there is a wide range of methods to construct multidimensional well-being indices, differing in the way they transform, aggregate and weight the relevant dimensions. This paper uses a fuzzy theory approach to propose a new weighting scheme for the dimensions. These weights play a crucial role in determining the trade-offs between the dimensions.
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- Jaya Krishnakumar & A. Nagar, 2008. "On Exact Statistical Properties of Multidimensional Indices Based on Principal Components, Factor Analysis, MIMIC and Structural Equation Models," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 86(3), pages 481-496, May.
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- Filippone, Andrea & Cheli, Bruno & D'Agostino, Antonella, 2001. "Addressing the interpretation and the aggregation problems in totally fuzzy and relative poverty measures," ISER Working Paper Series 2001-22, Institute for Social and Economic Research.
- Osberg, Lars & Sharpe, Andrew, 2002. "An Index of Economic Well-Being for Selected OECD Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(3), pages 291-316, September.
- Erik Schokkaert, 2007. "Capabilities and Satisfaction with Life," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 8(3), pages 415-430.
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