The Ordered Weighted Average Human Development Index

The main aim is to propose a new method for estimating the Human Development Index using ordered weighted average. To develop this method, ordered weighted geometric average (OWGA), induced OWGA prioritized OWA (POWA) operator are studied. Using Human Development Index formulation in combination to...

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Main Authors: Ernesto Leon-Castro, Fabio Blanco-Mesa, Alma Montserrat Romero-Serrano, Marlenne Velázquez-Cazares
Format: Article
Language:English
Published: MDPI AG 2021-05-01
Series:Axioms
Subjects:
Online Access:https://www.mdpi.com/2075-1680/10/2/87
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author Ernesto Leon-Castro
Fabio Blanco-Mesa
Alma Montserrat Romero-Serrano
Marlenne Velázquez-Cazares
author_facet Ernesto Leon-Castro
Fabio Blanco-Mesa
Alma Montserrat Romero-Serrano
Marlenne Velázquez-Cazares
author_sort Ernesto Leon-Castro
collection DOAJ
description The main aim is to propose a new method for estimating the Human Development Index using ordered weighted average. To develop this method, ordered weighted geometric average (OWGA), induced OWGA prioritized OWA (POWA) operator are studied. Using Human Development Index formulation in combination to aggregations operators presented above is proposed the prioritized induced ordered weighted geometric average (PIOWGA) operator. A mathematical application is carried out to estimate the Human Development Index and compare it with the traditional method and other existing methods. Finally, it is noted that decision makers have an influence on the order given in the ranking by its attitude and criterion, and method can capture the subjective information prioritized by them.
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spelling doaj.art-0a4f7a80b9454c75ba2fc4c6fe8276bd2023-11-21T18:44:41ZengMDPI AGAxioms2075-16802021-05-011028710.3390/axioms10020087The Ordered Weighted Average Human Development IndexErnesto Leon-Castro0Fabio Blanco-Mesa1Alma Montserrat Romero-Serrano2Marlenne Velázquez-Cazares3Faculty of Economics and Administrative Sciences, Universidad Católica de la Santísima Concepción, Concepción 4070129, ChileFacultad de Ciencias Económicas y Administrativas, Universidad Pedagógicay Tecnológica de Colombia, Tunja 150003, ColombiaUnidad Regional Culiacán, Universidad Autónoma de Occidente, Culiacán 80200, MexicoUnidad Regional Culiacán, Universidad Autónoma de Occidente, Culiacán 80200, MexicoThe main aim is to propose a new method for estimating the Human Development Index using ordered weighted average. To develop this method, ordered weighted geometric average (OWGA), induced OWGA prioritized OWA (POWA) operator are studied. Using Human Development Index formulation in combination to aggregations operators presented above is proposed the prioritized induced ordered weighted geometric average (PIOWGA) operator. A mathematical application is carried out to estimate the Human Development Index and compare it with the traditional method and other existing methods. Finally, it is noted that decision makers have an influence on the order given in the ranking by its attitude and criterion, and method can capture the subjective information prioritized by them.https://www.mdpi.com/2075-1680/10/2/87human development indexOWA operatorsprioritizedsubjectivity
spellingShingle Ernesto Leon-Castro
Fabio Blanco-Mesa
Alma Montserrat Romero-Serrano
Marlenne Velázquez-Cazares
The Ordered Weighted Average Human Development Index
Axioms
human development index
OWA operators
prioritized
subjectivity
title The Ordered Weighted Average Human Development Index
title_full The Ordered Weighted Average Human Development Index
title_fullStr The Ordered Weighted Average Human Development Index
title_full_unstemmed The Ordered Weighted Average Human Development Index
title_short The Ordered Weighted Average Human Development Index
title_sort ordered weighted average human development index
topic human development index
OWA operators
prioritized
subjectivity
url https://www.mdpi.com/2075-1680/10/2/87
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