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Handbook of Ratings - Approaches to Ratings in the Economy, Sports, and Society (Paperback, Softcover reprint of the original 1st ed. 2016)
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Handbook of Ratings - Approaches to Ratings in the Economy, Sports, and Society (Paperback, Softcover reprint of the original 1st ed. 2016)
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This handbook presents a systematic overview of approaches to,
diversity, and problems involved in interdisciplinary rating
methodologies. Historically, the purpose of ratings is to achieve
information transparency regarding a given body's activities,
whether in the field of finance, banking, or sports for example.
This book focuses on commonly used rating methods in three
important fields: finance, sports, and the social sector. In the
world of finance, investment decisions are largely shaped by how
positively or negatively economies or financial instruments are
rated. Ratings have thus become a basis of trust for investors.
Similarly, sports evaluation and funding are largely based on core
ratings. From local communities to groups of nations, public
investment and funding are also dependent on how these bodies are
continuously rated against expected performance targets. As such,
ratings need to reflect the consensus of all stakeholders on
selected aspects of the work and how to evaluate their success. The
public should also have the opportunity to participate in this
process. The authors examine current rating approaches from a
variety of proposals that are closest to the public consensus,
analyzing the rating models and summarizing the methods of their
construction. This handbook offers a valuable reference guide for
managers, analysts, economists, business informatics specialists,
and researchers alike.
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