Researchers usually define the Drought Risk Index (DRI) as the multiplication of Drought Hazard Index (DHI) and Drought Vulnerability Index (DVI) or DRI = DHI×DVI. Besides adding the Drought Resilience Index (DREI), in our study, we consider using geometric mean to aggregate the different components in the risk index. Geometric mean is chosen for its simplicity in calculation and application compared to other methods. Furthermore, high accuracy has been reported when the geometric mean is applied in composite indices making it widely used.
Please find the full text of our open-access paper at the following link. Feel free to contact me for further discussion and feedback:
https://www.researchgate.net/publication/350643439_Spatiotemporal_Drought_Risk_Assessment_Considering_Resilience_and_Heterogeneous_Vulnerability_Factors_Lempa_Transboundary_River_Basin_in_The_Central_American_Dry_Corridor