Econometric Analysis of Stochastic Dominance: Concepts, Methods, Tools, and Applications (Themes in Modern Econometrics)

Whang, Yoon-Jae

ISBN 10: 1108472796 / ISBN 13: 9781108472791

Published by Cambridge University Press (edition ), 2019

About this Item

It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting.

Seller Inventory # 1108472796-8-1

Bibliographic Details

• Title: Econometric Analysis of Stochastic Dominance: Concepts, Methods, Tools, and Applications (Themes in Modern Econometrics)
• Publisher: Cambridge University Press (edition )
• Publication Date: 2019
• Language: English
• ISBN 10: 1108472796
• ISBN 13: 9781108472791
• Binding: Hardcover
• Condition: Very Good

About this title

Synopsis

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.

About the Author

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.