MATHEMATICAL ANALYSIS OF SYNTHETIC METERS BASED ON RADAR CHARTS

Author:

Borkowski Boleslaw1,Wiliński Artur1ORCID,Szczesny Wieslaw1,Binderman Zbigniew1

Affiliation:

1. Warsaw University of Life Sciences – SGGW, Nowoursynowska str. 159, 02-776 Warsaw, Poland

Abstract

This work contains a description of a technique for constructing two synthetic indicators (measures) using a graphical presentation in the form of radar maps. The paper presents the structure and properties of indicators and their formal notation specially created for this purpose using the analogon of a scalar product of vectors. In particular, it proves the theorem on polygon fields, induced by radar maps, prepared for structural vectors, which allows to build concentration indicators. In order to demonstrate the usefulness of tools constructed by such means, the example shows how significant structural changes can be imperceptible when utilizing only the GINI concentration indicator’s value, but are noticeable when using the concentration indicator developed by the authors. In addition, it illustrates the change in the value of concentration indicators (GINI and the indicator developed by the authors) on two families of Lorenz curves, together with changes in concentration. The practical application of this technique for constructing indicators that create rankings is presented on empirical data on the level of material deprivation in the countries that joined the EU in 2004 and 2007. These data have also been annotated (for comparison purposes) using the so-called overrepresentation maps (Grade Correspondence Analysis method).

Publisher

Vilnius Gediminas Technical University

Subject

Modeling and Simulation,Analysis

Reference14 articles.

1. College Mathematics for Business, Economics, Life Sciences, and Social Sciences;R.A. Barnett;10th ed. Pearson Prentice Hall,2005

2. ON MATHEMATICAL MODELLING OF SYNTHETIC MEASURES

3. Radar coefficient of concentration;Z. Binderman;Quantitative methods in economics,2012

4. Radar coefficients of concentrations verifications of properties;Z. Binderman;Computer Algebra Systems in Teaching and Research, Siedlce,2013

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