Yoon-Jae Whang - Böcker
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Econometric Analysis of Stochastic Dominance
Concepts, Methods, Tools, and Applications
Inbunden, Engelska, 2019
797 kr
Skickas inom 7-10 vardagar
This book offers an up-to-date, comprehensive coverage of stochastic dominance and its related concepts in a unified framework. A method for ordering probability distributions, stochastic dominance has grown in importance recently as a way to measure comparisons in welfare economics, inequality studies, health economics, insurance wages, and trade patterns. Whang pays particular attention to inferential methods and applications, citing and summarizing various empirical studies in order to relate the econometric methods with real applications and using computer codes to enable the practical implementation of these methods. Intuitive explanations throughout the book ensure that readers understand the basic technical tools of stochastic dominance.