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This paper focuses on the construction of a composite indicator for the knowledge based economy using imprecise data. Specifically, for some indicators we only have information on the bounds of the interval within which the true value is believed to lie. The proposed approach is based on a...
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index. However, both rankings and index scores are sensitive to the weights assigned to performance measures. This paper … uses a stochastic dominance efficiency methodology to obtain two extreme, case-weighting vectors using the Academic Ranking … index outcomes for the majority of universities. We find that both composite scores and rankings are very sensitive to …
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