The popularly known Human Development Index (HDI) is obtained through linear averaging (LA) of indices in three dimensions - health, education and standard of living. LA method assumes perfect substitutability among the indices. We question its appropriateness and propose an alternative measure,...

The popularly known Human Development Index (HDI) is obtained through linear averaging (LA) of indices in three dimensions - health, education and standard of living. LA method assumes perfect substitutability among the indices. We question its appropriateness and propose an alternative measure,...

The selection of optimum number of indicators is the key to any Sustainable Development Indicator (SDI) research. Indicators, too less in number may be inadequate to convey the message and; too many may dilute the purpose. To arrive at a limited number of indicators from a larger set of potential...

The Human Development Index (HDI) is calculated using normalized indicators from three dimensions- health, education, and standard of living (or income). This paper evaluates three aggregation methods of computing HDI using a set of axioms. The old measure of HDI taking a linear average of the...

The selection of optimum number of indicators is the key to any Sustainable Development Indicator (SDI) research. Indicators, too less in number may be inadequate to convey the message and; too many may dilute the purpose. To arrive at a limited number of indicators from a larger set of potential...