Multidimensional evaluation

Abstract

We consider here the evaluation of the performance of a society with respect to a given set of targets. The key point is whether we admit or not compensations between targets of what kind of compensation, if any (this is a relevant problem when some targets are not reached while others have been surpassed). Following the axiomatic method we provide an intuitive evaluation formula that consists of the mean of the shares of the achievements in the targets. The criterion so obtained permits one not only to endogenously determine who meets the standards and who does not, but also to quantify the degree of fulfilment.