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C-FAR m
Decision support system “ A ggregation and  R anking   m ethod ”  (C-FAR m ),  use an innovative approach to create composite indicators allowing ranking various items (countries, firms, consumers, etc.).  C-FAR m  is a helpful tool to aggregate multi-dimensional information and extract knowledge for decision-making in many areas.
Why Composite indicators?   Composite indicators are used to summarise complex information and constitute a precious instrument of action and decision.  ,[object Object],[object Object],[object Object],[object Object]
The demand in composite indicators is rapidly growing for at least two main reasons:  ,[object Object],[object Object],Growth in use of Composite indicators Google searches on composite indicators  Oct:2005 june:2006 june:2007 Google scholar Google
Robust and Objective Decision Maker ,[object Object],[object Object],[object Object],C-FAR m   is based on an new approach using neural networks insuring a high level of robustness – Its main features are:
Three steps  to aggregate complex information  First,   C-FAR m  realizes self-organization of items into homogeneous subsets (clustering), through a learning process that takes into account the positive and negative interactions.  Second , an appropriate weights vector is determined for each item.  Finally , the weighting vectors are applied to original data to calculate the composite indicator and make the overall ranking.
Breakthrough C-FARm  solves a major concern of aggregation problems whereby the question of the importance of each variable is still valid.  The weighting system  can be characterized as  objective  since it emanates from the informational content of the variables themselves and their internal dynamics.  This last feature of  C-FARm   represents a valuable step forward and a going-beyond what is currently practiced in terms of classification / aggregation. These advances are based on benefits of Artificial Neural Networks model.
C-FARm references and Success The model has attracted interest from several organizations: ,[object Object],[object Object],[object Object],Other international organizations have also expressed interest in it.   ,[object Object],[object Object],[object Object],[object Object]
Target market ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]

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CFAR-m

  • 2. Decision support system “ A ggregation and R anking m ethod ” (C-FAR m ), use an innovative approach to create composite indicators allowing ranking various items (countries, firms, consumers, etc.). C-FAR m is a helpful tool to aggregate multi-dimensional information and extract knowledge for decision-making in many areas.
  • 3.
  • 4.
  • 5.
  • 6. Three steps to aggregate complex information First, C-FAR m realizes self-organization of items into homogeneous subsets (clustering), through a learning process that takes into account the positive and negative interactions. Second , an appropriate weights vector is determined for each item. Finally , the weighting vectors are applied to original data to calculate the composite indicator and make the overall ranking.
  • 7. Breakthrough C-FARm solves a major concern of aggregation problems whereby the question of the importance of each variable is still valid. The weighting system can be characterized as objective since it emanates from the informational content of the variables themselves and their internal dynamics. This last feature of C-FARm represents a valuable step forward and a going-beyond what is currently practiced in terms of classification / aggregation. These advances are based on benefits of Artificial Neural Networks model.
  • 8.
  • 9.
  • 10.