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Elitism and Stochastic Dominance

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  • Stephen BAZEN (GREQAM, CNRS, UMR 6579)
  • Patrick MOYES (GREThA, CNRS, UMR 5113)

Abstract

Stochastic dominance has been typically used with a special emphasis on risk and in-equality reduction something captured by the concavity of the utility function in the expected utility model. We claim that the applicability of the stochastic dominance ap-proach goes far beyond risk and inequality measurement provided suitable adaptations be made. We apply in the paper 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 effi-cient 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) com-parisons of affluence as opposed to poverty between countries.

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Bibliographic Info

Paper provided by Groupe de Recherche en Economie Théorique et Appliquée in its series Cahiers du GREThA with number 2011-08.

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Date of creation: 2011
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Handle: RePEc:grt:wpegrt:2011-08

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Keywords: Decumulative Distribution Functions; Stochastic Dominance; Regressive Transfers; Elitism; Scientific Performance; Affluence;

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References

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  1. Kalaitzidakis, Pantelis & Mamuneas, Theofanis P. & Stengos, Thanasis, 1999. "European economics: An analysis based on publications in the core journals," European Economic Review, Elsevier, vol. 43(4-6), pages 1150-1168, April.
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  16. Stephen BAZEN (GREQAM, CNRS, UMR 6579) & Patrick MOYES (GREThA, CNRS, UMR 5113), 2011. "Elitism and Stochastic Dominance," Cahiers du GREThA 2011-08, Groupe de Recherche en Economie Théorique et Appliquée.
  17. Lubrano, Michel & Protopopescu, Camelia, 2004. "Density inference for ranking European research systems in the field of economics," Journal of Econometrics, Elsevier, vol. 123(2), pages 345-369, December.
  18. Bourguignon, Francois, 1989. "Family size and social utility : Income distribution dominance criteria," Journal of Econometrics, Elsevier, vol. 42(1), pages 67-80, September.
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  20. Brice Magdalou & Patrick Moyes, 2009. "Deprivation, welfare and inequality," Social Choice and Welfare, Springer, vol. 32(2), pages 253-273, February.
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  22. Pierre-Philippe Combes & Laurent Linnemer, 2003. "Where are the Economists Who Publish? Publication Concentration and Rankings in Europe Based on Cumulative Publications," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1250-1308, December.
  23. Shorrocks, Anthony F & Foster, James E, 1987. "Transfer Sensitive Inequality Measures," Review of Economic Studies, Wiley Blackwell, vol. 54(3), pages 485-97, July.
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Citations

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Cited by:
  1. Nicolas CARAYOL (GREThA) & Agenor LAHATTE (OST), 2011. "Dominance relations when both quantity and quality matter, and applications to the\r\ncomparison of US research universities and worldwide top departments in economics," Cahiers du GREThA 2011-22, Groupe de Recherche en Economie Théorique et Appliquée.
  2. Andreas Peichl & Nico Pestel, 2010. "Multidimensional Measurement of Richness: Theory and an Application to Germany," SOEPpapers on Multidisciplinary Panel Data Research 295, DIW Berlin, The German Socio-Economic Panel (SOEP).
  3. Stephen Bazen & Patrick Moyes, 2012. "Elitism and stochastic dominance," Social Choice and Welfare, Springer, vol. 39(1), pages 207-251, June.
  4. repec:hal:wpaper:halshs-00576585 is not listed on IDEAS

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