Corpus ID: 222209061

Agent Based Computational Model Aided Approach to Improvise the Inequality-Adjusted Human Development Index (IHDI) for Greater Parity in Real Scenario Assessments

  title={Agent Based Computational Model Aided Approach to Improvise the Inequality-Adjusted Human Development Index (IHDI) for Greater Parity in Real Scenario Assessments},
  author={Pradipta Banerjee and Subhrabrata Choudhury},
To design, evaluate and tune policies for all-inclusive human development, the primary requisite is to assess the true state of affairs of the society. Statistical indices like GDP, Gini Coefficients have been developed to accomplish the evaluation of the socio-economic systems. They have remained prevalent in the conventional economic theories but little do they have in the offing regarding true well-being and development of humans. Human Development Index (HDI) and thereafter Inequality… Expand

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