TESTING HYPOTHESES ABOUT ABSOLUTE CONCENTRATION CURVES AND MARGINAL CONDITIONAL STOCHASTIC DOMINANCE

B-Tier
Journal: Econometric Theory
Year: 2008
Volume: 24
Issue: 4
Pages: 1044-1062

Authors (4)

Schechtman, Edna (not in RePEc) Shelef, Amit (not in RePEc) Yitzhaki, Shlomo Zitikis, Ričardas (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider statistical tests concerning various relationships between two absolute concentration curves (ACCs). In particular, we consider tests for determining if the two ACCs coincide, if one is above another in a specified order, or if they do not intersect without specifying which one is above/below the other one. These problems are of interest in the context of marginal conditional stochastic dominance (MCSD). Constructing statistical tests for the MCSD relies on ideas and also on their modifications developed by Linton, Maasoumi, and Whang (2005, Review of Economic Studies 72, 735–765) in the context of stochastic dominance for distribution functions. Our theoretical considerations are supplemented with a simulation study.

Technical Details

RePEc Handle
repec:cup:etheor:v:24:y:2008:i:04:p:1044-1062_08
Journal Field
Econometrics
Author Count
4
Added to Database
2026-01-29