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The Gaussian rank correlation equals the usual correlation coefficient computed from the normal scores of the data. Although its influence function is unbounded, it still has attractive robustness properties. In particular, its breakdown point is above 12%. Moreover, the estimator is consistent...
Persistent link: https://www.econbiz.de/10013115619
This publication outlines the methodological variations in U.S. News and World Report's annual law school rankings between 1990 and 2010. A law school's ranking is based upon its overall score on a number of weighted attributes. When comparing school rankings over time, it is therefore useful to...
Persistent link: https://www.econbiz.de/10013115810
Government spending overruns and missed revenue targets remain a common occurrence in Canada. Countrywide, spending overruns by the federal, provincial and territorial governments over the past decade exceeded $70 billion, limiting debt reduction and tax relief in earlier years, and materially...
Persistent link: https://www.econbiz.de/10013115815
A large number of parameterizations have been proposed to model conditional variance dynamics in a multivariate framework. However, little is known about the ranking of multivariate volatility models in terms of their forecasting ability. The ranking of multivariate volatility models is...
Persistent link: https://www.econbiz.de/10013116642
Many online or local data sources provide powerful querying mechanisms but limited ranking capabilities. For instance, PubMed allows users to submit highly expressive Boolean keyword queries, but ranks the query results by date only. However, a user would typically prefer a ranking by relevance,...
Persistent link: https://www.econbiz.de/10013116736
We develop a flexible yet tractable model of consumer search and choice, and applyit to the problem of product rankings optimization by online retail platforms. In themodel, products are characterized by an observable search index, which governs whatconsumers search; and a utility index, which...
Persistent link: https://www.econbiz.de/10013217141
For 35 leading painters who worked in France during the first century of modern art, this paper uses illustrations in French textbooks as the basis for measuring the importance of both painters and individual paintings. The rankings closely resemble those obtained earlier from a similar analysis...
Persistent link: https://www.econbiz.de/10013217338
Search engines and e-commerce platforms have substantial difficulty exposing new products to their users on account of an information problem: new products typically do not have enough sales or other user-engagement that enables platforms to reliably assess product quality. This paper evaluates...
Persistent link: https://www.econbiz.de/10013217432
We introduce a new and complete ordering of prospects that is consistent with stochastic dominance (SD). Featuring loss aversion and skewness preference, it mitigates the low discriminatory power of SD and circumvents implementation difficulties associated with third order SD. To highlight its...
Persistent link: https://www.econbiz.de/10013218276
Publication in a ranked journal has been considered as indicator of scholarship among individuals. A ranked journal and its relationship with an individual's research have been unknown for last two decades. But it is seen in last few years that most of the institutes and individual authors give...
Persistent link: https://www.econbiz.de/10013097515