The Mean-Min Function (MMF) is an intermediate case between arithmetic mean, according to which no unbalance is penalized, and min function, according to which the penalization is maximum. It depends on two parameters that are respectively related to the intensity of penalization of unbalance (\(\alpha\)) and intensity of complementarity (\(\beta\)) among indicators.
Usage
ci_mean_min(x, indic_col, alpha, beta)
Arguments
x
A data.frame containing simple indicators.
indic_col
Simple indicators column number.
alpha
The intensity of penalisation of unbalance among indicators, \(0 \le \alpha \le 1\)
beta
The intensity of complementarity among indicators, \(\beta \ge 0\)
Value
An object of class "CI". This is a list containing the following elements:
ci_mean_min_est
Composite indicator estimated values.
ci_method
Method used; for this function ci_method="mean_min".
References
Casadio Tarabusi, E., & Guarini, G. (2013) "An unbalance adjustment method
for development indicators", Social indicators research, 112(1), 19-45.