While the Sharpe ratio is still the dominant measure for ranking risky assets, a substantial effort has been made over … ranking measure which, under a regularity condition, correctly ranks risks relative to the original investor problem for a … probability distributions. This paper also explores the theoretical foundations of risk ranking, including proving a key …

unbiased informative ranking. The existence of the ranking might affect the welfare of all consumers negatively. With rigid … prices, the ranking induced change in demand can be detrimental to all consumers in markets featuring rationing or … consumption externalities. With perfectly flexible prices, the ranking might increase firms' market power, and hence lead to …

unemployment, called ranking. With the filling of vacancies unaffected by the selection rule, both equilibria have the same … being a worker with zero unemployment duration, the wage with ranking is much more sensitive to changes in the tightness of …

This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and … no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To … ranking of a set of Lorenz curves. From the weight-functions of these inequality measures we obtain intuitive interpretations …

ranking can be attained without introducing weaker criteria than second-degree stochastic dominance. The conventional approach … rather than another.In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … that give an unambiguous ranking of any set of distribution functions.We also provide an axiomatization of the sequences of …