Characteristicity versus universality trade-off: Difference between revisions

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==See also==
==See also==
* [[Comparison of PPP formulas]]


==External links==
==External links==

Revision as of 03:03, 12 November 2017

In the context of PPP calculation, the characteristicity versus universality trade-off refers to the trade-off between maintaining the characteristicity of binary comparisons and the universality of multilateral comparisons. Here:

  • Characteristicity means
  • Universality means

History

The term "country characteristicity" was introduced by Drechsler in 1975.[1]Template:Rp

The trade-off is covered in the United Nations International Comparison Project Phase III, published in 1982.[1]Template:Rp

See also

External links

References

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