Methodological Choices Encountered in the Construction of Composite Indices of Economic and Social Well-Being

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METHODS FOR CONSTRUCTING COMPOSITE INDICES: ONE FOR ALL OR ALL FOR ONE? (2013, methodology): “This combination can be obtained by applying methodologies known as composite indices (Salzman, 2003; Mazziotta and Pareto, 2011).”
A Comparative Study of Various Inclusive Indices and the Index Constructed By the Principal Components Analysis (2007, unknown): “Introduction: A composite index (or simply an index) is constructed with an objective to obtain a synoptic or comprehensive single number, representing a vast array of measurements on the multiple aspects of a ‘conceptual entity’ such as general price level, cost of living, level of economic develop”
Measuring Well-Being Over Time: The Adjusted Mazziotta–Pareto Index Versus Other Non-compensatory Indices (2018, background): “In particular, the main steps for constructing a composite index are the following (Salzman 2003; OECD 2008; Mazziotta and Pareto 2013): (1) Defining the phenomenon to be measured; (2) Selecting a group of individual indicators; (3) Normalizing the individual indicators; (4) Aggregating the…”
The Evolution of World Inequality in Well-Being (2009, unknown): “Other examples of a standardization based on z-scores can be found in Salzman (2004).”
Proposal of a Sustainable Circular Index for Manufacturing Companies (2017, background): “The exclusion criteria should be supported on the correlation coefficients between potential indicators [119].”