Showing 1 - 8 of 8
deprive the latter of contributing to their representative variables or canonical variates. Our proposed Representation … solution. By a proper choice of λ, one can avoid hijacking of the representation issue of two datasets by a lone couple of …
Persistent link: https://www.econbiz.de/10005836091
representation to weakly correlated variables also. The method has been applied to data of 125 countries and the HDI so constructed …
Persistent link: https://www.econbiz.de/10005837000
The neoclassical consumer maximizes utility and makes choices by completely preordering the feasible alternatives and weighing when indifferent. The consumer studied in this paper chooses by weighing when indifferent and also when indecisive, without necessarily preordering the alternatives or...
Persistent link: https://www.econbiz.de/10008574617
only weakly informative of representation. For example, if the top decile cutoff is lower for minority than majority … the under-representation. In this paper, we propose a direct measure of the representation of a population subgroup, which … representation index is easily generalised to condition on characteristics (such as age, education, etc). Further, it generalizes …
Persistent link: https://www.econbiz.de/10005787209
representation to the poorly correlated variables, it is elitist. The PCA index is often elitist, particularly for an under … alleviate the representation of poorly correlated variables for some small reduction in the overall explanatory power (vis …-à-vis the PCA index). These indices are inclusive in nature, caring for the representation of the poorly correlated variables …
Persistent link: https://www.econbiz.de/10005790180
This paper attempts to identify the areas that are still lagging behind other parts of the country in terms of literacy levels and are unable to play their role in the velopment of human capital of the country. The analyses indicate that more than 75 per cent of the districts in the country are...
Persistent link: https://www.econbiz.de/10005790213
Decision analysis has traditionally been applied to choices under uncertainty involving a single decision maker. Game theory has been applied to solving games of strategic interaction between two or more players. Building upon recent work of van Binsbergen and Marx (2007. Exploring relations...
Persistent link: https://www.econbiz.de/10005014726
In this paper, we use experimental economics methods to test how well Analytic Hierarchy Process (AHP) fares as a choice support system in a real decision problem. AHP provides a ranking that we statistically compare with three additional rankings given by the subjects in the experiment: one at...
Persistent link: https://www.econbiz.de/10008493039