Constructing Composite Indicators with Individual Judgements and Best–Worst Method: An Illustration of Value Measure

Wang, Tianjiao; Fu, Yelin

doi:10.1007/s11205-019-02236-3

Cited by 22 publications

(7 citation statements)

References 42 publications

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“…Customs may design products according to their own demands. However, the product demands will differ due to customs particular and distinct preferences [35,36]. At the same time, product designers will improve the product in conjunction with the development of technology.…”

Section: Problem Descriptionmentioning

confidence: 99%

Determining the critical factors of air-conditioning innovation using an integrated model of fuzzy Kano-QFD during the COVID-19 pandemic: The perspective of air purification

Wei-ming

et al. 2021

PLoS ONE

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At present, people are demanding better indoor air quality during the COVID-19 pandemic. In addition to maintaining the basic functions, new air-conditioning should also add air purification functions to improve indoor air quality and reduce the possibility of virus transmission. Nowadays, there is lack of research results on the innovation of air-conditioning. The aim of this study is to present a two-stage mathematical model for identifying critical manufacturing factors in the innovation process of air conditioning. In this paper, Kano and quality function deployment (QFD) are used to analyze the critical factors affecting air-conditioning innovation. Some studies have proposed using Kano-QFD model to analyze product innovation, but the study only studies one stage, which loses the analysis of the subsequent stages of product innovation. Based on this, this paper studies the priority method of two-stage critical factors for air-conditioning innovation. Firstly, the questionnaire survey and fuzzy sets are used to collect demand information of multi-agent (customers and professional technicians). Secondly, the Kano model is used to classify and calculate satisfaction of multi-agent. Then, QFD is used to transform multi-agent demands into engineering property indexes (first stage) and technical property indexes (second stage) and calculate the weight of each index. Finally, the applicability and superiority of this method is illustrated by taking the central air-conditioning as an example.

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Section: Problem Descriptionmentioning

confidence: 99%

Determining the critical factors of air-conditioning innovation using an integrated model of fuzzy Kano-QFD during the COVID-19 pandemic: The perspective of air purification

Wei-ming

et al. 2021

PLoS ONE

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“…BWM is an MCDM technique that is utilized in complex decision-making problems of the prioritization. The validity and usefulness of the BWM method has already been established in the previous research (Wang & Fu, 2020 ). Although AHP has been extensively used in prioritisation studies, it lacks practical applicability.…”

Section: Methodsmentioning

confidence: 76%

Modeling Opportunity Indicators Fostering Social Entrepreneurship: A Hybrid Delphi and Best-Worst Approach

Kaushik

Tewari

2023

Soc Indic Res

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Opportunity as a construct has been widely examined in for-profit entrepreneurship research, but it is scarcely studied in the context of social entrepreneurship. It is being observed that many entrepreneurs venture into social enterprise because they perceive it as an opportunity. This study aims to address this phenomenon by extensively identifying the opportunity indicators that promote entrepreneurs to pursue social entrepreneurship. We accomplish this by employing a mixed-methods approach wherein we used both quantitative and qualitative data from experts and analysed it using a hybrid approach of Delphi rounds and the best-worst method. We identified 13 opportunity indicators from the literature, and in the first round of Delphi, four new indicators were added to the list by a panel of 24 experts drawn from industry and academia across India. In the second round of the Delphi method, 18 of the 24 experts took part and rated the importance of each indicator on a 5-point Likert scale. Depending on the availability of the experts, both rounds of Delphi were held in person and virtually. Based on the cut-off levels for standard deviation, interquartile range, and probability of occurrence, experts agreed on 16 indicators. Furthermore, a best-worst method approach was used to prioritise these indicators based on the opinions of industry and academic experts. The study used a theoretical lens of entrepreneurial opportunity and its two different views: objectively discovered and subjectively perceived. The results revealed a consensus among academicians and practitioners for objectively discovered opportunity indicators, which gave the highest priority to “institutional support” and “funding opportunities.“

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“…We chose the BWM as the subjective technique for deriving both indicator and ESG dimension weights. BWM is a multi‐criteria decision‐making technique (Rezaei, 2015) that has already been applied to building CIs (e.g., Wang & Fu, 2020) and to assessing firms' ESG performance (e.g., Raj & Srivastava, 2018).…”

Section: Building a Stakeholder‐specific Esg Composite Indicatormentioning

confidence: 99%

Deconstructing corporate environmental, social, and governance performance: Heterogeneous stakeholder preferences in the food industry

Luque‐Vílchez

Gómez‐Limón

Guerrero‐Baena

et al. 2023

Sustainable Development

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Environmental, social, and governance (ESG) performance assessment has emerged as a way to analyze corporate sustainability. However, the literature suggests that stakeholders are not satisfied with advisory firms' current assessment approaches since they do not consider stakeholders' sustainability preferences. Adopting the stakeholder perspective, this study proposes a new approach to assess ESG performance by developing a stakeholder-specific composite indicator that considers different stakeholder profiles. The proposed approach is empirically implemented to assess

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Constructing Composite Indicators with Individual Judgements and Best–Worst Method: An Illustration of Value Measure

Cited by 22 publications

References 42 publications

Determining the critical factors of air-conditioning innovation using an integrated model of fuzzy Kano-QFD during the COVID-19 pandemic: The perspective of air purification

Determining the critical factors of air-conditioning innovation using an integrated model of fuzzy Kano-QFD during the COVID-19 pandemic: The perspective of air purification

Modeling Opportunity Indicators Fostering Social Entrepreneurship: A Hybrid Delphi and Best-Worst Approach

Deconstructing corporate environmental, social, and governance performance: Heterogeneous stakeholder preferences in the food industry

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