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Econometric Analysis of Stochastic Dominance on Hardback by Yoon-Jae Whang
Econometric Analysis of Stochastic Dominance on Hardback by Yoon-Jae Whang
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Econometric Analysis of Stochastic Dominance

Concepts, Methods, Tools, and Applications
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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.

Author Biography:

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.
Release date Australia
January 31st, 2019
Audience
  • Professional & Vocational
Illustrations
Worked examples or Exercises; 5 Tables, black and white; 11 Halftones, black and white
Pages
278
Dimensions
157x235x20
ISBN-13
9781108472791
Product ID
28279847

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