Dispersion measures and dispersive orderings
نویسندگان
چکیده
منابع مشابه
Dispersion measures and dispersive orderings
In this paper, the comparison of random variables according to the functionals of a general class of dispersion measures is characterized in terms of the dilation order. The Ginis mean di¤erence is a particular member of this general class. In addition, a new and weaker order, called the second-order absolute Lorenz ordering, is introduced, and we judge random variables according to certain fu...
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The generalized Lorenz order and the absolute Lorenz order are used in economics to compare income distributions in terms of social welfare. In Section 2, we show that these orders are equivalent to two stochastic orders, the concave order and the dilation order, which are used to compare the dispersion of probability distributions. In Section 3, a sufficient condition for the absolute Lorenz o...
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ژورنال
عنوان ژورنال: Statistics & Probability Letters
سال: 2003
ISSN: 0167-7152
DOI: 10.1016/s0167-7152(02)00341-3