And the Winners Are… An Axiomatic Approach to Selection from a Set
Daniele Checchi (),
Gianni De Fraja () and
Discussion Papers from University of Nottingham, School of Economics
We study here the problem of evaluating whether the selection from a set is close to the ranking determined by a measurable criterion. We propose a number of natural axioms and show that an index exists that satisfies all these axioms. The paper ends with an application of the index to Italian academia.
Keywords: Ranking of sets; Axiom of Choice JEL Numbers: D11; C79; L83; I23 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:not:notecp:14/05
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