Elitism and stochastic dominance

Fiche du document

Date

2012

Type de document
Périmètre
Langue
Identifiants
Relations

Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1007/s00355-011-0551-4

Collection

Archives ouvertes


Mots-clés Und

CNRS 1 ; AERES A


Citer ce document

Stephen Bazen et al., « Elitism and stochastic dominance », HAL-SHS : économie et finance, ID : 10.1007/s00355-011-0551-4


Métriques


Partage / Export

Résumé En

Stochastic dominance has been typically used with a special emphasis on risk and inequality reduction something captured by the concavity of the utility function in the expected utility model. We claim that the applicability of the stochastic dominance approach goes far beyond risk and inequality measurement provided suitable adaptations be made. We apply in this article the stochastic dominance approach to the measurement of elitism which may be considered the opposite of egalitarianism. While the usual stochastic dominance quasi-orderings attach more value to more equal and more efficient distributions, our criteria ensure that, the more unequal and the more efficient the distribution, the higher it is ranked. Two instances are provided by (i) comparisons of scientific performance across institutions like universities or departments, and (ii) comparisons of affluence as opposed to poverty between countries.

document thumbnail

Par les mêmes auteurs

Sur les mêmes sujets

Sur les mêmes disciplines

Exporter en