Munda G. and Saisana M. Methodological considerations on regional sustainability assessment based on multicriteria and sensitivity analysis, Regional Studies. This paper proposes the use of a non-compensatory multicriteria approach combined with sensitivity analysis for constructing composite...

Non-compensatory aggregation rules are applied in a variety of problems such as voting theory, multi-criteria analysis, composite indicators, web ranking algorithms and so on. A major open problem is the fact that non-compensability implies the analytical cost of loosing all available...

From a formal point of view, a composite indicator is an aggregate of all dimensions, objectives, individual indicators and variables used for its construction. This implies that what defines a composite indicator is the set of properties underlying its mathematical aggregation convention. In...

Science for sustainability policy requires the handling of multi-dimensional and multi-scale analyses. Integrated assessment is about generating information relevant for decision-making. This generates a divide between two scientific paradigms: (1) ‘Post-Normal Science’ acknowledges the...

This paper tries to answer the following research question: can multidimensional concepts like well-being or sustainability be measured by using a single metric such as shadow prices? The defence of shadow prices is generally based on the pragmatic argument that different dimensions (economic,...

Purpose: The purpose of this paper is to deal with one of the technical difficulties of private and social cost–benefit analysis, i.e. the choice of the proper cost–benefit aggregation rule (or method) to use, when a private capital investment decision has to be taken or a public project...

Composite indicators (or indexes) are very common in economic and business statistics for benchmarking the mutual and relative progress of countries in a variety of policy domains such as industrial competitiveness, sustainable development, globalization and innovation. The proliferation of the...