Axioms (May 2021)

The Ordered Weighted Average Human Development Index

  • Ernesto Leon-Castro,
  • Fabio Blanco-Mesa,
  • Alma Montserrat Romero-Serrano,
  • Marlenne Velázquez-Cazares

DOI
https://doi.org/10.3390/axioms10020087
Journal volume & issue
Vol. 10, no. 2
p. 87

Abstract

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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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