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Economic Choices and Status : Measuring Preferences for Income Rank

Mujcic, Redzo - 2010

In this paper we report on the trade-offs that 1,068 Australian university students make between absolute income and the rank of that income in hypothetical income distributions. We find that income rank matters independently of absolute income, with greater weight given to rank by males,...

Persistent link: https://www.econbiz.de/10013138669

Modeling Area-Level Health Rankings

Courtemanche, Charles - 2013

We propose a Bayesian factor analysis model to rank the health of localities. Mortality and morbidity variables empirically contribute to the resulting rank, and population and spatial correlation are incorporated into a measure of uncertainty. We use county-level data from Texas and Wisconsin...

Persistent link: https://www.econbiz.de/10013074830

Pay and Job Rank Amongst Academic Economists in the UK : Is Gender Relevant?

Mumford, Karen - 2019

This article presents and explores a rich new data source to analyse the determinants of pay and job rank amongst academic Economists in the UK. Characteristics associated with individual productivity and workplace features are found to be important determinants of the relative wage and...

Persistent link: https://www.econbiz.de/10012868008

Citations in Economics : Measurement, Uses and Impacts

Hamermesh, Daniel S. - 2016

I describe and compare sources of data on citations in economics and the statistics that can be constructed from them. Constructing data sets of the post-publication citation histories of articles published in the "Top 5" journals in the 1970s and the 2000s, I examine distributions and life...

Persistent link: https://www.econbiz.de/10013001880

Pure Rank Preferences and Variation in Risk-Taking Behavior

Stark, Oded - 2019

Assuming that an individual's rank in the wealth distribution is the only factor determining the individual's wellbeing, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual's risk preferences towards gaining or losing absolute wealth. We...

Persistent link: https://www.econbiz.de/10012861313

Grades and Rank : Impacts of Non-Financial Incentives on Test Performance

Jalava, Nina - 2014

How does effort respond to being graded and ranked? This paper examines the effects of non-financial incentives on test performance. We conduct a randomized field experiment on more than a thousand sixth graders in Swedish primary schools. Extrinsic non-financial incentives play an important...

Persistent link: https://www.econbiz.de/10013047861

Robust Inequality Comparisons

Aaberge, Rolf - 2010

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 …

Persistent link: https://www.econbiz.de/10013147546

A Theory for Ranking Distribution Functions

Aaberge, Rolf - 2014

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 …

Persistent link: https://www.econbiz.de/10013061933

Income vs. Consumption Inequality in South Korea : Evaluating Stochastic Dominance Rankings by Various Household Attributes

Heshmati, Almas - 2014

Using four rounds (1999, 2002, 2005, 2008) of the Korean Labor and Income Panel Study (KLIPS), this article examines determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance (SD) tests are performed by year, by household...

Persistent link: https://www.econbiz.de/10013061940

Monetary and Social Incentives in Multi-Tasking : The Ranking Substitution Effect

Stefan, Matthias - 2020

dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs … when performance in one task is incentivized and ranked while another prosocial task is not: (i) a ranking influences … ranked task; (ii) those ahead in the ranking spend less total effort and lower relative effort in the ranked task …

Persistent link: https://www.econbiz.de/10012831230