Repository logo
 
Publication

Assessment of OECD Better Life Index by incorporating public opinion

2020Journal article Restricted access
Simple item page
dc.contributor.authorKoronakos, Gregory
dc.contributor.authorSmirlis, Yiannis
dc.contributor.authorSotiros, Dimitris
dc.contributor.authorDespotis, Dimitris K.
dc.date.accessioned2019-04-12T11:40:31Z
dc.date.available2019-04-12T11:40:31Z
dc.date.issued2020
dc.description.abstractWell-being has a multidimensional nature as it depends on multifaceted factors such as material conditions and quality of life. The Organization for Economic Co-operation and Development (OECD) has developed the Better Life Index (BLI) as part of the OECD Better Life initiative to facilitate the better understanding of what drives well-being of people. The BLI is a three-level hierarchical composite indicator that covers several socio-economic aspects. In this paper, considering the entire hierarchical structure of the index, we introduce a bottom-up procedure for the aggregation of the components at each level. We formulate the assessment of BLI as a multiple objective programming (MOP) problem that facilitates the implementation of different concepts to derive different aggregation schemes. We incorporate the data from previous years into the normalization process of the indicators, to take into account the discrepancy on their observed values and smooth their deviations across the years. Also, we consider the public opinion about well-being that is captured from the worldwide responses in the web platform of OECD BLI. We incorporate the public opinion into the assessment models in the form of weight restrictions. In this way, we reduce the effect of compensation that might be imposed by the adopted modelling approach. We apply our methodology to the data of 38 countries (35 OECD and 3 non-OECD economies) for the year 2017. Our findings illustrate that the public opinion in the form of weight restrictions can effectively drive the optimization process and depict the collective preferences to the BLI scores.pt_PT
dc.description.versionN/Apt_PT
dc.identifier.citationKoronakos, G., Smirlis, Y., Sotiros, D., & Despotis, D. K. (2019). Assessment of OECD Better Life Index by incorporating public opinion. Socio-Economic Planning Sciences, 100699. https://doi.org/10.1016/j.seps.2019.03.005pt_PT
dc.identifier.doi10.1016/j.seps.2019.03.005pt_PT
dc.identifier.eid85063067627
dc.identifier.issn0038-0121
dc.identifier.urihttp://hdl.handle.net/10400.14/27396
dc.identifier.wos000532581400015
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.subjectOECD better life indexpt_PT
dc.subjectComposite indexpt_PT
dc.subjectHierarchical evaluationpt_PT
dc.subjectMultiple objective programming frameworkpt_PT
dc.subjectPublic opinionpt_PT
dc.titleAssessment of OECD Better Life Index by incorporating public opinionpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.titleSocio-Economic Planning Sciencespt_PT
oaire.citation.volume70
person.familyNameKoronakos
person.familyNameSmirlis
person.familyNameSotiros
person.familyNameDespotis
person.givenNameGregory
person.givenNameYiannis
person.givenNameDimitrios Georgios
person.givenNameDimitris
person.identifier.orcid0000-0002-6170-3725
person.identifier.orcid0000-0002-6608-3326
person.identifier.orcid0000-0002-9995-3906
person.identifier.orcid0000-0003-2515-093X
person.identifier.ridI-2130-2016
person.identifier.scopus-author-id56202119200
person.identifier.scopus-author-id6504621323
person.identifier.scopus-author-id55948746700
rcaap.rightsrestrictedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication6b9531f5-1754-4716-863a-e2d78b0b95a2
relation.isAuthorOfPublicatione1fe4ba4-a602-4248-baf4-29922bcd006e
relation.isAuthorOfPublicationdf4c7f9d-a269-44bc-ba89-f4db6be4b383
relation.isAuthorOfPublication96077115-da10-4f6f-81d6-b595e66124e0
relation.isAuthorOfPublication.latestForDiscovery6b9531f5-1754-4716-863a-e2d78b0b95a2

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
19708279.pdf
Size:
1.21 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
3.44 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

CEGE - Contribuições em Revistas Científicas / Contribution to Journals