Dominance relations when both quantity and quality matter, and applications to the\r\ncomparison of US research universities and worldwide top departments in economics
AbstractIn this article, we propose an extension of the concept of stochastic dominance intensively\r\nused in economics for the comparison of composite outcomes both the quality and the\r\nquantity of which do matter. Our theory also allows us to require unanimity of judgement\r\namong new classes of functions. We apply this theory to the ranking of US research\r\nuniversities, thereby providing a new tool to scientometricians (and the academic\r\ncommunities) who typically aim to compare research institutions taking into account both\r\nthe volume of publications and the impact of these articles. Another application is provided\r\nfor comparing and ranking academic departments when one takes into account both the size\r\nof the department and the prestige of each member.
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Bibliographic InfoPaper provided by Groupe de Recherche en Economie Théorique et Appliquée in its series Cahiers du GREThA with number 2011-22.
Date of creation: 2011
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Ranking; dominance relations; citations.;
Find related papers by JEL classification:
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-02 (All new papers)
- NEP-IPR-2011-07-02 (Intellectual Property Rights)
- NEP-SOG-2011-07-02 (Sociology of Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- 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.
- Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
- Hanoch, G & Levy, Haim, 1969. "The Efficiency Analysis of Choices Involving Risk," Review of Economic Studies, Wiley Blackwell, vol. 36(107), pages 335-46, July.
- Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
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