1. What contributions have the authors mentioned in the paper "On the methodological framework of composite indices: a review of the issues of weighting, aggregation, and robustness" ?
This increase in their popularity has solicited a plethora of methodological contributions in response to the substantial criticism surrounding their underlying framework.. In this paper, the authors put composite indicators under the spotlight, examining the wide variety of methodological approaches in existence.. Finally, the authors review the last step of the robustness analysis that follows their construction, to which less attention has been paid despite its importance.. Overall, this study aims to provide both academics and practitioners in the field of composite indices with a synopsis of the choices available alongside their recent advances.. The authors find that these are where the paramount criticism appears and where a promising future lies.
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2. What is the standard procedure for using PCA as a weight elicitation technique?
The standard procedure in using PCA as a weight elicitation technique is to use the factor loadings of the first component to serve as weights for the indicators (Greyling and Tregenna 2016).
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3. What is the interesting development in the literature?
but not least, another interesting development in the literature is the introduction of SMAA, a tool that extends above and beyond the concept of the representative agent by considering the viewpoints of the whole population associated with the evaluation process.
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4. What other methods deal with the issue of adjusting the discrimination in BoD models?
There are several other methods in the literature17 that deal with the issue of adjusting the discrimination in BoD models, the most popular being the super-efficiency (Andersen and Petersen 1993), cross-efficiency (Sexton et al.
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