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And the Winners Are... An Axiomatic Approach to Selection from a Set

Author

Listed:
  • Checchi, Daniele

    () (University of Milan)

  • De Fraja, Gianni

    () (University of Nottingham)

  • Verzillo, Stefano

    () (University of Milan)

Abstract

We study here the problem of evaluating whether the selection from a set is close to the ranking determined by a measurable criterion. We propose a number of natural axioms and show that an index exists that satisfies all these axioms. The paper ends with an application of the index to Italian academia.

Suggested Citation

  • Checchi, Daniele & De Fraja, Gianni & Verzillo, Stefano, 2014. "And the Winners Are... An Axiomatic Approach to Selection from a Set," IZA Discussion Papers 8344, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp8344
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    References listed on IDEAS

    as
    1. Cabizza, Mariella M. & De Fraja, Gianni, 1998. "Quality considerations in auctions for television franchises," Information Economics and Policy, Elsevier, vol. 10(1), pages 9-22, March.
    2. Kobus, Martyna & MiloĊ›, Piotr, 2008. "On Meritocratic Inequality Indices," MPRA Paper 10532, University Library of Munich, Germany.
    3. Daniele Checchi & Gianni De Fraja & Stefano Verzillo, 2014. "Publish or Perish: An Analysis of the Academic Job Market in Italy," Discussion Papers 14/04, University of Nottingham, School of Economics.
    4. David C. Wyld, 2010. "ASecond Life for organizations?: managing in the new, virtual world," Management Research Review, Emerald Group Publishing, vol. 33(6), pages 529-562, May.
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    Cited by:

    1. Checchi, Daniele & De Fraja, Gianni & Verzillo, Stefano, 2014. "Publish or Perish? Incentives and Careers in Italian Academia," IZA Discussion Papers 8345, Institute for the Study of Labor (IZA).

    More about this item

    Keywords

    selection; merit; ranking;

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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