Some results on the representation of measures of location and spread as L-functionals
Alessandra Giovagnoli and
Giuliana Regoli
Statistics & Probability Letters, 1993, vol. 16, issue 4, 269-278
Abstract:
Random variables are compared w.r.t. their location or their dispersion by means of various types of stochastic orderings. First degree stochastic dominance is relevant to location and the spread ordering, defined via comparisons of all the corresponding interquantile distances, to dispersion. Our first result is a characterization of some measures of location as L-functionals, and was inspired by de Finetti's representation theorem for quasi-linear means. The main result of the paper is a representation theorem for some spread measures as integrals with respect to the measure defined by the quantile function. A 'spread distance', namely a metric linked to the ordering, is introduced and continuity of the functional with respect to this metric is required to be one of the characteristic properties that enable the representation to be made.
Keywords: Dispersion; L-functionals; location; L-statistics; spread; ordering; stochastic; dominance; stochastic; orderings; quasi-linearity (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0167-7152(93)90130-B
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:stapro:v:16:y:1993:i:4:p:269-278
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
Access Statistics for this article
Statistics & Probability Letters is currently edited by Somnath Datta and Hira L. Koul
More articles in Statistics & Probability Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().