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A Theory for Ranking Distribution Functions

Aaberge, Rolf - 2014

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 of …

Persistent link: https://www.econbiz.de/10013061933

Ranking Intersecting Lorenz Curves

Aaberge, Rolf - 2021

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/10013324763

Monetary and Social Incentives in Multi-Tasking : The Ranking Substitution Effect

Stefan, Matthias - 2020

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/10012831230

Modelling Volatilities and Conditional Correlations in Futures Markets with a Multivariate T Distribution

Pesaran, Bahram; Pesaran, M. Hashem - 2021

This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by Engle (2002), and suggests the use of devolatized returns computed as returns standardized by realized volatilities rather than by GARCH type volatility estimates. The t-DCC...

Persistent link: https://www.econbiz.de/10013316934

Tracking When Ranking Matters

Landaud, Fanny; Maurin, Eric - 2022

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/10014083790

Class Rank and Long-Run Outcomes

Denning, Jeffrey - 2018

This paper considers a fundamental question about the school environment – what are the long run effects of a student's ordinal rank in elementary school? Using administrative data from all public school students in Texas, we show that students with a higher third grade academic rank,...

Persistent link: https://www.econbiz.de/10012910753

A Simple GMM Estimator for the Semi-Parametric Mixed Proportional Hazard Model

Bijwaard, Govert - 2010

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/10013150359

Modeling Area-Level Health Rankings

Courtemanche, Charles - 2013

We propose a Bayesian factor analysis model to rank the health of localities. Mortality and morbidity variables empirically contribute to the resulting rank, and population and spatial correlation are incorporated into a measure of uncertainty. We use county-level data from Texas and Wisconsin...

Persistent link: https://www.econbiz.de/10013074830

Grades and Rank : Impacts of Non-Financial Incentives on Test Performance

Jalava, Nina - 2014

How does effort respond to being graded and ranked? This paper examines the effects of non-financial incentives on test performance. We conduct a randomized field experiment on more than a thousand sixth graders in Swedish primary schools. Extrinsic non-financial incentives play an important...

Persistent link: https://www.econbiz.de/10013047861

Wellbeing Rankings

Blanchflower, David G.; Bryson, Alex - 2022

affect, that is, its country wellbeing ranking looks worse using negative affect than it does when using positive affect …. Combining rankings on all eight measures into a summary ranking index for 215 geographical locations we find that nine of the …

Persistent link: https://www.econbiz.de/10014240489