 Elitism and stochastic dominanceStephen Bazen and Patrick Moyes () Post-Print from HAL Abstract: Stochastic dominance has been typically used with a special emphasis on risk and inequality reduction something captured by the concavity of the utility function in the expected utility model. We claim that the applicability of the stochastic dominance approach goes far beyond risk and inequality measurement provided suitable adaptations be made. We apply in this article the stochastic dominance approach to the measurement of elitism which may be considered the opposite of egalitarianism. While the usual stochastic dominance quasi-orderings attach more value to more equal and more efficient distributions, our criteria ensure that, the more unequal and the more efficient the distribution, the higher it is ranked. Two instances are provided by (i) comparisons of scientific performance across institutions like universities or departments, and (ii) comparisons of affluence as opposed to poverty between countries. Date: 2012 Published in Social Choice and Welfare, 2012, 39 (1), pp.207-251. ⟨10.1007/s00355-011-0551-4⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00650753 DOI: 10.1007/s00355-011-0551-4 Access Statistics for this paper More papers in Post-Print from HAL |
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