IDEAS home Printed from https://ideas.repec.org/p/grt/wpegrt/2011-35.html
   My bibliography  Save this paper

Rearrangements and Sequential Rank Order Dominance. A Result with Economic Applications

Author

Listed:
  • Patrick MOYES (GREThA, CNRS, UMR 5113)

Abstract

Distributive analysis typically involves comparisons of heterogeneous distributions where\r\nindividuals differ in more than just one attribute. In the particular case where there are two\r\nattributes and where the distribution of one of these two attributes is fixed, one can appeal\r\nto sequential rank order dominance for comparing distributions. We consider the degenerate\r\ncase where all individuals differ with respect to the attribute whose distribution is fixed and we show that sequential rank order domination of one distribution over another implies that the dominating distribution can be obtained from the dominated one by means of a finite sequence of favourable permutations, and conversely. We provide three examples where favourable permutations prove to have interesting implications from a normative point of view.

Suggested Citation

  • Patrick MOYES (GREThA, CNRS, UMR 5113), 2011. "Rearrangements and Sequential Rank Order Dominance. A Result with Economic Applications," Cahiers du GREThA 2011-35, Groupe de Recherche en Economie Théorique et Appliquée.
  • Handle: RePEc:grt:wpegrt:2011-35
    as

    Download full text from publisher

    File URL: http://cahiersdugretha.u-bordeaux4.fr/2011/2011-35.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Peter C. Fishburn, 1978. "Stochastic Dominance Without Transitive Preferences," Management Science, INFORMS, vol. 24(12), pages 1268-1277, August.
    2. Moyes, Patrick, 2012. "Comparisons of heterogeneous distributions and dominance criteria," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1351-1383.
    3. Ekern, Steinar, 1981. "Time Dominance Efficiency Analysis," Journal of Finance, American Finance Association, vol. 36(5), pages 1023-1034, December.
    4. Bohren, Oyvind & Hansen, Terje, 1980. " Capital Budgeting with Unspecified Discount Rates," Scandinavian Journal of Economics, Wiley Blackwell, vol. 82(1), pages 45-58.
    5. A. B. Atkinson & F. Bourguignon, 1982. "The Comparison of Multi-Dimensioned Distributions of Economic Status," Review of Economic Studies, Oxford University Press, vol. 49(2), pages 183-201.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gravel, Nicolas & Moyes, Patrick, 2012. "Ethically robust comparisons of bidimensional distributions with an ordinal attribute," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1384-1426.
    2. Nicolas Gravel & Patrick Moyes, 2013. "Utilitarianism or welfarism: does it make a difference?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(2), pages 529-551, February.

    More about this item

    Keywords

    Rearrangements; Favourable Permutations; Sequential Rank Order Dominance; Matching; Mobility; Impatience;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grt:wpegrt:2011-35. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valerio Sterzi). General contact details of provider: http://edirc.repec.org/data/ifredfr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.