2010
DOI: 10.1016/j.eswa.2009.05.039
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Data aggregation in constructing composite indicators: A perspective of information loss

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Cited by 62 publications
(26 citation statements)
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“…The field of management science more closely approaches the new paradigm required for a better understanding of meta-projects and strategic, logistic and tactical relationships of project controls. However, thermodynamics offers better developed and parallel schemas with information entropy (Ding & Shi, 2005;Lam, Tang, & Lee, 2005;Zhou, Fan, & Zhou, 2010) in construction and therefore, presents a closer metonymic mapping opportunity.…”
Section: Methodsmentioning
confidence: 98%
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“…The field of management science more closely approaches the new paradigm required for a better understanding of meta-projects and strategic, logistic and tactical relationships of project controls. However, thermodynamics offers better developed and parallel schemas with information entropy (Ding & Shi, 2005;Lam, Tang, & Lee, 2005;Zhou, Fan, & Zhou, 2010) in construction and therefore, presents a closer metonymic mapping opportunity.…”
Section: Methodsmentioning
confidence: 98%
“…The particular project team is not privy to all the issues and relevant background history that a stakeholder brings to the table affecting his performance on the team. Asymmetric information is a major force in information gap and information loss (Zhou et al, 2010), as well as a strategic tool. In fact, deliberate asymmetric information is prevalent in construction, a tool of the survival/ growth game, as we shall further explore later in this paper.…”
Section: Methodsmentioning
confidence: 99%
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“…Zhou et al . suggested the following formula for calculating weighted distance as Wd=i=1mj=1nwj()normalCIiIijp1/p where W d is the weighted distance, w j is the normalized weight assigned to subindicator j , CI is the composite indicator, I is the subindex and p > 0, is a user‐controlled parameter . For practical purposes, p is taken as 2.…”
Section: Aggregation To Formulate I‐ Indexmentioning
confidence: 99%
“…A common practice in constructing a composite index depends on the underlying weighting and aggregation function (Zhou et al 2010). Weights are important measure in quantifying the relative importance of criteria.…”
Section: Determination Of Weightmentioning
confidence: 99%