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rather than another. In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … ranking can be attained without introducing weaker criteria than second-degree stochastic dominance. The conventional approach … that give an unambiguous ranking of any set of distribution functions. We also provide an axiomatization of the sequences …
Persistent link: https://www.econbiz.de/10010212989
Ridder and Woutersen (2003) have shown that under a weak condition on the baseline hazard there exist root-N consistent estimators of the parameters in a semiparametric Mixed Proportional Hazard model with a parametric baseline hazard and unspecified distribution of the unobserved heterogeneity....
Persistent link: https://www.econbiz.de/10003909941
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and … no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To … method for identifying the least restrictive social preferences required to reach an unambiguous ranking of a given set of …
Persistent link: https://www.econbiz.de/10003779034
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and … no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To … ranking of a set of Lorenz curves. From the weight-functions of these inequality measures we obtain intuitive interpretations …
Persistent link: https://www.econbiz.de/10003940503
Rank-order relative-performance evaluation, in which pay, promotion and symbolic awards depend on the rank of workers in the distribution of performance, is ubiquitous. Whenever firms use rank-order relative-performance evaluation, workers receive feedback about their rank. Using a real-effort...
Persistent link: https://www.econbiz.de/10011308986
dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs … when performance in one task is incentivized and ranked while another prosocial task is not: (i) a ranking influences … ranked task; (ii) those ahead in the ranking spend less total effort and lower relative effort in the ranked task …
Persistent link: https://www.econbiz.de/10012237029
Rank-rank regression is commonly employed in economic research as a way of capturing the relationship between two economic variables. It frequently features in studies of intergenerational mobility as the resulting coefficient, capturing the rank correlation between the variables, is easy to...
Persistent link: https://www.econbiz.de/10015163470
This paper investigates the effect of grouping students by prior achievement into different classes (or schools) in settings where students are competing for admission to programs offering only a limited number of places. We first develop a model that identifies the conditions under which the...
Persistent link: https://www.econbiz.de/10013170260
Utilizing data for comparable BSc graduates in economics who have studied in different universities that had set the same entry standards, we compare job seekers' employment prospects when they search by themselves for jobs by submitting CVs to the same firms. The outcomes suggest that graduates...
Persistent link: https://www.econbiz.de/10011455574
This paper proposes new composite measures of relative and dynamic state performance to improve governance and delivery of public programs in developing countries with a federal structure. We rank the performance of 19 major Indian states on two large development programs launched by the Indian...
Persistent link: https://www.econbiz.de/10012583677