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This paper explores the Social Progress Index (SPI) developed by Michael Green and extends the concept by developing the Index for the state of Tamil Nadu. The Social Progress Index is supposed to be a robust and holistic measurement framework for social and environmental performance of a...
Persistent link: https://www.econbiz.de/10012950296
Multidimensional indices are becoming increasingly important instruments to assess the well-being of societies. They move beyond the focus on a single indicator and yet, are easy to present and communicate. A crucial step in the construction of a multidimensional index of well-being is the...
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This paper explores the relevance of the variables that define well-being and human progress and makes a quantitative inquiry into the validity of three of the well-known and well-documented composite indicators of well-being: the Human Development Index (HDI), the Legatum Prosperity Index (LPI)...
Persistent link: https://www.econbiz.de/10014143112
The development of more sophisticated corruption measures has been stimulated by consistent and compelling demands for more effective action against corruption. However, the production of these indicators has rarely been addressed as a ‘technique of governance’ (Davis et al., 2012), or an...
Persistent link: https://www.econbiz.de/10014148838
In the paper, we investigate the Hoede-Bakker index - the notion which computes the overall decisional 'power' of a player in a social network. It is assumed that each player has an inclination (original decision) to say 'yes' or 'no' which, due to influence of other players, may be different...
Persistent link: https://www.econbiz.de/10014050380
Per capita gross domestic product (GDP) is a poor indicator of economic well-being. It measures effective consumption poorly (ignoring the value of leisure and of longer life spans) and it also ignores the value of accumulation for the benefit of future generations. Since incomes are uncertain...
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