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RESEARCH PRODUCT
Monitoring multidimensional phenomena with a multicriteria composite performance interval approach
Ana Garcia-bernabeuAdolfo Hilario CaballeroDavid Pla SantamaríaFrancisco Salas-molinasubject
CompensabilityECONOMIA APLICADA07.- Asegurar el acceso a energías asequibles fiables sostenibles y modernas para todosStrategy and ManagementComposite indicatorsMulticriteria decision makingECONOMIA FINANCIERA Y CONTABILIDADManagement Science and Operations ResearchPerformance intervalINGENIERIA DE SISTEMAS Y AUTOMATICAdescription
[EN] In the last two decades, the construction of composite indicators to measure and compare multidimensional phenomena in a broad spectrum of domains has increased considerably. Different methodological approaches are used to summarise huge datasets of information in a single figure. This paper proposes a new approach that consists in computing a multicriteria composite performance interval based on different aggregation rules. The suggested approach provides an additional layer of information as the performance interval displays a lower bound from a non-compensability perspective, and an upper bound allowing for full-compensability. The outstanding features of this proposal are: 1) a distance-based multicriteria technique is taken as the baseline to construct the multicriteria performance interval; 2) the aggregation of distances/separation measures is made using particular cases of Minkowski Lp metric; 3) the span of the multicriteria performance interval can be considered as a sign of the dimensions or indicators balance.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2021-01-01 |