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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,...

  • Name : Econometric Analysis of Stochastic Dominance: Concepts, Methods, Tools, and Applications
  • Vendor : Cambridge University Press
  • Type : Books
  • Manufacturing : 2024 / 07 / 28
  • Barcode : 9781108472791

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Econometric Analysis of Stochastic Dominance: Concepts, Methods, Tools, and Applications
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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.

Author: Yoon-Jae Whang
Binding Type: Hardcover
Publisher: Cambridge University Press
Published: 01/31/2019
Series: Themes in Modern Econometrics
Pages: 278
Weight: 1.1lbs
Size: 9.25h x 6.32w x 0.87d
ISBN: 9781108472791

About the Author
Whang, Yoon-Jae: - Yoon-Jae Whang is Professor of Economics at Seoul National University. He is an elected fellow of the Econometric Society and the Journal of Econometrics and is Co-Director of the Center for Econometrics at Seoul National University.

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