DETERMINATION OF COUNTRIES’ POSITION USING BETTER LIFE INDEX: THE ENTROPY BASED MULTIMOORA APPROACH
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Research Article
VOLUME: 20 ISSUE: 2
P: 353 - 366
December 2018

DETERMINATION OF COUNTRIES’ POSITION USING BETTER LIFE INDEX: THE ENTROPY BASED MULTIMOORA APPROACH

Trakya Univ J Soc Sci 2018;20(2):353-366
1. Assist. Prof. Dr., Yıldız Technical University, Faculty of Arts & Sciences, Department of Statistics
2. Assist. Prof. Dr., İstanbul Commerce University, Department of Statistics
No information available.
No information available
Received Date: 03.10.2018
Accepted Date: 02.11.2018
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Abstract

The most significant requirement for people to maintain their lives comfortably, is to have a specific level of welfare. Therefore, a country having a high level of welfare is preferred as a livable country. This has significant influences on the economies of countries. One of most significant researches conducted for determining the welfare levels of countries is the Better Life Index (BLI) research conducted by Organization for Economic Co-operation and Development (OECD) every year on a regular basis. With this research, 38 countries are ranked based on main criteria and sub-criteria, but a general ranking is not made. The aim of this study is to rank the countries by using Better Life Index data created by OECD. In the study, the criterion weights were determined and then, the countries were ranked with MULTIMOORA method. Then, the relationship between ranking of countries and their Human Development Index (HDI) rankings were investigated with Spearman’s Rank Correlation Coefficient and the results were interpreted.

Keywords:
Better Life Index, Entropy, MULTIMOORA, Human Development Index