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Econometric Analysis of Stochastic Dominance by Yoon-Jae Whang

Econometric Analysis of Stochastic Dominance

by Yoon-Jae Whang
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Book cover type: Hardcover
  • ISBN13: 9781108472791
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 278
  • Original Price: USD 81.0
  • Language: English
  • Edition: N/A
  • Item Weight: 499 grams
  • BISAC Subject(s): Econometrics

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.

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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