A Scale for Markets and Property in the Societies of the Standard Cross-Cultural Sample: a Linear Programming Approach
Cross-cultural researchers often combine several component variables into a composite index or “scale.” The value of a scale for a particular observation is sensitive not only to the values of its component variables, but also to the values of the weights used to combine the components. This sensitivity to weight values is unfortunate, given that the choice of weighting scheme is in some ways arbitrary. A method is presented here, based on linear programming, which reduces the sensitivity of a scale to the component weights. An example scale is produced, for the prevalence of markets and property rights in the societies of the Standard Cross-Cultural Sample. A program, written for R, is included.
|Date of creation:||May 2010|
|Contact details of provider:|| Web page: http://www.mtsu.edu/~berc/working/Economics_Working_Papers.html|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:mts:wpaper:201009. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (E. Anthon Eff)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.