The Competitive Industrial Performance index (developed by experts of the UNIDO) is designed as a measure of national competitiveness. Index is an aggregate of eight observable variables, representing different dimensions of competitive industrial performance. Instead of using a cardinal...

Social Choice problem is defined for a finite set of alternatives A, over which a finite number of agents have preferences. Solution to the problem is a rule determining alternatives, which are the “best” to the group. The Condorcet winner is regarded as the best choice but it is absent in...