Econometric Analysis of Stochastic Dominance: Concepts, Methods, Tools, and Applications (Hardcover) (ISBN-13: 9781108472791)

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
ISBN-10: 1108472796
ISBN-13: 9781108472791
Publisher: Cambridge University Press
Language: English
Published: 01/31/2019
Pages: 278
Format: Hardcover
Weight: 1.10lbs
Size: 9.25h x 6.32w x 0.87d