A moment inequality approach to statistical inference for rankings
Ryo Okui
The Japanese Economic Review, 2021, vol. 72, issue 2, No 2, 169-184
Abstract:
Abstract This paper proposes an econometric method to construct confidence sets for rankings by considering the situations in which data on a comparison between each pair of alternatives are available. The key idea is that if an alternative, say A, is ranked higher than some other alternative, say B, then it would be natural to assume that drawing an observation in which A is compared favorably with B is more likely than the opposite. This provides an insight that we can use to test for a particular ranking by translating it into a problem of testing moment inequalities and that we can obtain confidence sets for rankings by inverting these tests of moment inequalities. We apply the proposed method to statistical inference concerning the rankings of teams in the Nippon Professional Baseball league in Japan.
Keywords: Ranking; Social choice theory; Confidence set; Moment inequality; Nippon Professional Baseball (search for similar items in EconPapers)
JEL-codes: C12 D71 Z20 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s42973-020-00068-2
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