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Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of 'experts' in different … ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under … applications. The method is illustrated for ranking economic journals. …
Persistent link: https://www.econbiz.de/10010246005
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Ranking algorithms are the information gatekeepers of the Internet era. We develop a stylized framework to study the … effects of ranking algorithms on opinion dynamics. We consider rankings that depend on popularity and on personalization. We …, depending on whether individuals have common or private value preferences. We also find that ranking algorithms can contribute …
Persistent link: https://www.econbiz.de/10011669418
Mathematics and Spanish test scores. To be able to test the theory, I develop a novel nonlinear difference-in-differences model …
Persistent link: https://www.econbiz.de/10011602698
We solve the non-linear income tax program for a rank-dependent social welfare function à la Yaari, expressing the trade-off between size and inequality using the Gini or related families of positional indices. The key idea is that when agents optimize and absent bunching, ranks in the actual...
Persistent link: https://www.econbiz.de/10012174704
This paper provides a simple theoretical framework to evaluate the effect of key parameters of ranking algorithms …/or polarization. By exploiting Facebook's 2018 "Meaningful Social Interactions" algorithmic ranking update, we also provide direct …
Persistent link: https://www.econbiz.de/10013413453
It is well-known that the distribution of citations to articles in a journal is skewed. We ask whether journal rankings based on the impact factor are robust with respect to this fact. We exclude the most cited paper, the top 5 and 10 cited papers for 100 economics journals and recalculate the...
Persistent link: https://www.econbiz.de/10010422064
This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate long memory methods are used. The results vary...
Persistent link: https://www.econbiz.de/10010229867
This paper conducts a broad-based comparison of iterated and direct multi-step forecasting approaches applied to both univariate and multivariate models. Theoretical results and Monte Carlo simulations suggest that iterated forecasts dominate direct forecasts when estimation error is a...
Persistent link: https://www.econbiz.de/10003807908