Robust Inference for Inverse Stochastic Dominance
Bibliographic Data
| ID | 19418005 |
|---|---|
| Authors | Francesco Andreoli (0000-0002-0751-5520, Living Conditions Department, Luxembourg Institute of Socio-Economic Research (LISER), L-4366 Esch-sur-Alzette/Belval Campus, Luxembourg (), corresponding author) |
| Year | 2018 |
| Volume | 36 |
| Issue | 1 |
| Pages | 146-159 |
| Publication date | 2018-01-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Business and Economic Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0735-0015 • E-ISSN: 1537-2707 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/07350015.2015.1137758 |
| OpenAlex | W2562613355 |
| Language | EN |
| Citations received | 4 |
| References cited | 41 |
The notion of inverse stochastic dominance is gaining increasing support in risk, inequality, and welfare analysis as a relevant criterion for ranking distributions, which is alternative to the standard stochastic dominance approach. Its implementation rests on comparisons of two distributions’ quantile functions, or of their multiple partial integrals, at fixed population proportions. This article develops a novel statistical inference model for inverse stochastic dominance that is based on the influence function approach. The proposed method allows model-free evaluations that are limitedly affected by contamination in the data. Asymptotic normality of the estimators allows to derive tests for the restrictions implied by various forms of inverse stochastic dominance. Monte Carlo experiments and an application promote the qualities of the influence function estimator when compared with alternative dominance criteria
Econometrics · Estimator · Inference · Inverse · Mathematical optimization · Population · Quantile · Statistics · Stochastic dominance · Advanced Causal Inference Techniques · Computer Science · Economic and Environmental Valuation · Mathematics · Statistical Methods and Bayesian Inference · Applied Mathematics · Artificial Intelligence
Wald Criteria for Jointly Testing Equality and Inequality Restrictions
Bootstrap Tests for Distributional Treatment Effects in Instrumental Variable Models
Statistical Inference for Stochastic Dominance and for the Measurement of Poverty and Inequality
Informational bases of alternative welfare approaches
The Dual Theory of Choice under Risk
The Optimal Production of Social Justice
A Class of Decomposable Poverty Measures
Consistent Tests for Stochastic Dominance
On the measurement of inequality
Distribution-Free Statistical Inference with Lorenz Curves and Income Shares
Nonparametric Tests of Stochastic Dominance in Income Distributions
Consistent Nonparametric Tests for Lorenz Dominance
Statistical Inference with Generalized Gini Indices of Inequality, Poverty, and Welfare
Asymptotically Distribution-Free Statistical Inference for Generalized Lorenz Curves
Equality of opportunity and luck
Third-degree stochastic dominance and inequality measurement
Generalized gini inequality indices
Rank-dominance in income distributions
Ranking Income Distributions
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,57 |
| Citation span | 2019 - 2021 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |