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Complete Orderings: Index Types and the Ambiguity Problem

In: Multilateral Wellbeing Comparison in a Many Dimensioned World

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  • Gordon Anderson

    (University of Toronto)

Abstract

Here, the various forms of indices used for summarizing aspects of distributions are discussed. Univariate and multivariate measures of location, dispersion and polarization are outlined as is the way they may be combined to reflect the collective wellbeing of individual groups in a society to provide a complete ordering of those groups. One of the problems with such an ordering is that it can be ambiguous; this is illustrated at the end of the chapter with an example comparing a collection of nations in the European Union.

Suggested Citation

  • Gordon Anderson, 2019. "Complete Orderings: Index Types and the Ambiguity Problem," Global Perspectives on Wealth and Distribution, in: Multilateral Wellbeing Comparison in a Many Dimensioned World, chapter 0, pages 61-95, Palgrave Macmillan.
    • Handle: RePEc:pal:gpochp:978-3-030-21130-1_3
    DOI: 10.1007/978-3-030-21130-1_3
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