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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 toaccomplish the evaluation of the socio-economic systems. They have remainedprevalent in the conventional economic theories but little do they have in theoffing regarding true well-being and development of humans. Human DevelopmentIndex (HDI) and thereafter Inequality-adjusted Human Development Index (IHDI)has been the path changing composite-index having the focus on humandevelopment. However, even though its fundamental philosophy has anall-inclusive human development focus, the composite-indices appear to beunable to grasp the actual assessment in several scenarios. This happens due tothe dynamic non-linearity of social-systems where superposition principlecannot be applied between all of its inputs and outputs of the system as thesystem's own attributes get altered upon each input. We would discuss theapparent shortcomings and probable refinement of the existing index using anagent based computational system model approach.

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