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Should you believe in the Shanghai ranking? An MCDM view

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TLDR
The view is that the Shanghai ranking, in spite of the media coverage it receives, does not qualify as a useful and pertinent tool to discuss the “quality” of academic institutions, let alone to guide the choice of students and family or to promote reforms of higher education systems.
Abstract
This paper proposes a critical analysis of the “Academic Ranking of World Universities”, published every year by the Institute of Higher Education of the Jiao Tong University in Shanghai and more commonly known as the Shanghai ranking. After having recalled how the ranking is built, we first discuss the relevance of the criteria and then analyze the proposed aggregation method. Our analysis uses tools and concepts from Multiple Criteria Decision Making (MCDM). Our main conclusions are that the criteria that are used are not relevant, that the aggregation methodology is plagued by a number of major problems and that the whole exercise suffers from an insufficient attention paid to fundamental structuring issues. Hence, our view is that the Shanghai ranking, in spite of the media coverage it receives, does not qualify as a useful and pertinent tool to discuss the “quality” of academic institutions, let alone to guide the choice of students and family or to promote reforms of higher education systems. We outline the type of work that should be undertaken to offer sound alternatives to the Shanghai ranking.

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Foundations of Behavioral Research 2nd ed

Carol Coogler
- 01 Jul 1974 - 
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On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness

TL;DR: In this article, the authors put composite indicators under the spotlight, examining the wide variety of methodological approaches in existence and offered a more recent outlook on the advances made in this field over the past years.
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The Leiden ranking 2011/2012: Data collection, indicators, and interpretation

TL;DR: The Leiden Ranking 2011/2012 as discussed by the authors is a ranking of universities based on bibliometric indicators of publication output, citation impact, and scientific collaboration, which includes 500 major universities from 41 different countries.
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Comparing university rankings

TL;DR: The findings show that there are reasonable similarities between the rankings, even though each applies a different methodology, and overall the similarities are increased when the comparison is limited to the European universities.
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Rickety numbers: Volatility of university rankings and policy implications

TL;DR: In this article, a robustness analysis based on a multi-modeling approach is proposed to test the validity of the inference about the rankings produced in the Academic Ranking of World Universities of Shanghai Jiao Tong University and those produced by the UK's Times Higher Education Supplement (THES).
References
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Journal ArticleDOI

Measuring the efficiency of decision making units

TL;DR: A nonlinear (nonconvex) programming model provides a new definition of efficiency for use in evaluating activities of not-for-profit entities participating in public programs and methods for objectively determining weights by reference to the observational data for the multiple outputs and multiple inputs that characterize such programs.
Journal ArticleDOI

Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis

TL;DR: The CCR ratio form introduced by Charnes, Cooper and Rhodes, as part of their Data Envelopment Analysis approach, comprehends both technical and scale inefficiencies via the optimal value of the ratio form, as obtained directly from the data without requiring a priori specification of weights and/or explicit delineation of assumed functional forms of relations between inputs and outputs as mentioned in this paper.
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Foundations of Behavioral Research

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Decisions with Multiple Objectives: Preferences and Value Trade-Offs

TL;DR: In this article, a confused decision maker, who wishes to make a reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives.
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TL;DR: The Soft Systems Methodology (SSM) as discussed by the authors is an alternative approach which enables managers of all kinds and at any level to deal with the subtleties and confusions of the situations they face.
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