Artikel
A ranking method based on handicaps
Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of `experts' in different ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under consideration.This paper introduces a new method, called the handicap-based method, and characterizes it through appealing properties. This method assigns not only scores to the items but also weights to the experts. Scores and weights form an equilibrium for a relationship based on the notion of handicaps. The method is, in a sense made precise in the paper, the counterpart to the counting method in environments that require intensity-invariance. Intensity-invariance is a desirable property when the intensity of the experts' statements has to be controlled. Otherwise, both the counting and handicap-based methods satisfy a property called homogeneity, which is a desirable property when cardinal statements matter, as is the case in many applications.
- Sprache
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Englisch
- Erschienen in
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Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 9 ; Year: 2014 ; Issue: 3 ; Pages: 915-942 ; New Haven, CT: The Econometric Society
- Klassifikation
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Wirtschaft
Social Choice; Clubs; Committees; Associations
Information and Uncertainty: Other
- Thema
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Ranking
scores
invariant method
peers' method
handicap
scaling matrix
- Ereignis
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Geistige Schöpfung
- (wer)
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Demange, Gabrielle
- Ereignis
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Veröffentlichung
- (wer)
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The Econometric Society
- (wo)
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New Haven, CT
- (wann)
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2014
- DOI
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doi:10.3982/TE1217
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Demange, Gabrielle
- The Econometric Society
Entstanden
- 2014