Building Weighted-Domain Composite Indices of Life Satisfaction with Data Envelopment Analysis

The specialised literature has frequently addressed the relationship between life domains and people's satisfaction with life. Some researchers have posed questions regarding the importance of domains, therefore interpreting them as weightings and creating domain satisfaction indices. This pape...

Celý popis

Uloženo v:
Podrobná bibliografie
Vydáno v:Social indicators research Ročník 117; číslo 1; s. 257 - 274
Hlavní autoři: Guardiola, Jorge, Picazo-Tadeo, Andrés J.
Médium: Journal Article
Jazyk:angličtina
Vydáno: Dordrecht Springer 01.05.2014
Springer Netherlands
Springer Nature B.V
Témata:
ISSN:0303-8300, 1573-0921
On-line přístup:Získat plný text
Tagy: Přidat tag
Žádné tagy, Buďte první, kdo vytvoří štítek k tomuto záznamu!
Popis
Shrnutí:The specialised literature has frequently addressed the relationship between life domains and people's satisfaction with life. Some researchers have posed questions regarding the importance of domains, therefore interpreting them as weightings and creating domain satisfaction indices. This paper illustrates how Data Envelopment Analysis (DEA) and Multi-Criteria-Decision-Making (MCDM) techniques can be employed to compute domain-based composite indices of life satisfaction and weightings for life domains. Furthermore, an empirical application is performed on a sample of 178 people living in a rural community in Yucatan (Mexico). One of the main features of the aforementioned techniques is that weightings might differ from one individual to another. Accordingly, several weighting schemes are used to compute different life satisfaction indices, in addition to a constant equally-weighted index. Based on the goodness-of-fit criteria commonly used in this literature, our main result is that DEA-MCDM indicators of life satisfaction do not improve the relationship with self-reported life satisfaction in comparison to the equally-weighted index.
Bibliografie:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
content type line 23
ISSN:0303-8300
1573-0921
DOI:10.1007/s11205-013-0346-3