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

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

Part of the Themes in Modern Econometrics series

Description

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.

Information

  • Format: Hardback
  • Pages: 278 pages, Worked examples or Exercises; 5 Tables, black and white; 11 Halftones, black and white
  • Publisher: Cambridge University Press
  • Publication Date:
  • Category: Economic statistics
  • ISBN: 9781108472791

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Also in the Themes in Modern Econometrics series