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This paper develops an axiomatic framework for ranking metrics, a general class of functionals for evaluating and ordering financial or insurance positions. Unlike traditional risk-adjusted performance measures-such as the Sharpe ratio,…

Risk Management · Quantitative Finance 2026-04-21 Asmerilda Hitaj , Elisa Mastrogiacomo , Ilaria Peri , Marcelo Righi

In the Gale-Shapley model of two-sided matching, it is well known that for generic preferences, the outcomes for each side can vary dramatically in the male-optimal vs. female-optimal stable matchings. In this paper, we show that under a…

Theoretical Economics · Economics 2026-03-26 Bill Wang

Following discussions in 2010 and 2011, scientometric evaluators have increasingly abandoned relative indicators in favor of comparing observed with expected citation ratios. The latter method provides parameters with error values allowing…

Digital Libraries · Computer Science 2018-08-30 Loet Leydesdorff , Tobias Opthof

In this paper we analyze two recent axiomatic approaches proposed by Dubois et al and by Giang and Shenoy to qualitative decision making where uncertainty is described by possibility theory. Both axiomtizations are inspired by von Neumann…

Artificial Intelligence · Computer Science 2013-01-14 Phan H. Giang , Prakash P. Shenoy

Journal ranking is becoming more important in assessing the quality of academic research. Several indices have been suggested for this purpose, typically on the basis of a citation graph between the journals. We follow an axiomatic approach…

Digital Libraries · Computer Science 2020-05-28 László Csató

Composite likelihood inference has gained much popularity thanks to its computational manageability and its theoretical properties. Unfortunately, performing composite likelihood ratio tests is inconvenient because of their awkward…

Computation · Statistics 2014-08-01 Manuela Cattelan , Nicola Sartori

In this paper, we show that the likelihood-ratio measure (a) is invariant with respect to dominating sigma-finite measures, (b) satisfies logical consequences which are not satisfied by standard $p$-values, (c) respects frequentist…

Methodology · Statistics 2021-04-07 Alexandre G. Patriota

The attributable risk, often called the population attributable risk, is in many epidemiological contexts a more relevant measure of exposure-disease association than the excess risk, relative risk, or odds ratio. When estimating…

Statistics Theory · Mathematics 2008-12-31 Daniel B. Rubin

Pairwise comparisons are an important tool of modern (multiple criteria) decision making. Since human judgments are often inconsistent, many studies focused on the ways how to express and measure this inconsistency, and several…

Artificial Intelligence · Computer Science 2017-05-01 Jiri Mazurek

Pairwise comparisons are a well-known method for the representation of the subjective preferences of a decision maker. Evaluating their inconsistency has been a widely studied and discussed topic and several indices have been proposed in…

Artificial Intelligence · Computer Science 2014-12-25 Matteo Brunelli , Michele Fedrizzi

In this paper we investigate the asymptotic distribution of likelihood ratio tests in models with several groups, when the number of groups converges with the dimension and sample size to infinity. We derive central limit theorems for the…

Statistics Theory · Mathematics 2019-07-17 Holger Dette , Nina Dörnemann

Assortativity measures the tendency of a vertex in a network being connected by other vertexes with respect to some vertex-specific features. Classical assortativity coefficients are defined for unweighted and undirected networks with…

Applications · Statistics 2021-01-15 Yelie Yuan , Jun Yan , Panpan Zhang

We propose some axioms for hierarchical clustering of probability measures and investigate their ramifications. The basic idea is to let the user stipulate the clusters for some elementary measures. This is done without the need of any…

Machine Learning · Statistics 2016-05-24 Philipp Thomann , Ingo Steinwart , Nico Schmid

We investigate a generalized empirical likelihood approach in a two-group setting where the constraints on parameters have a form of U-statistics. In this situation, the summands that consist of the constraints for the empirical likelihood…

Methodology · Statistics 2015-05-04 Jihnhee Yu , Luge Yang , Albert Vexler , Alan D. Hutson

In many empirical studies of a large two-sided matching market (such as in a college admissions problem), the researcher performs statistical inference under the assumption that they observe a random sample from a large matching market. In…

Econometrics · Economics 2024-04-02 Jacob Schwartz , Kyungchul Song

A measure of association is said to be collapsible over a set of baseline covariates if the marginal value of the measure of association is equal to a weighted average of the stratum-specific measures of association. In this paper, we…

Methodology · Statistics 2019-01-10 Anders Huitfeldt , Mats Julius Stensrud , Etsuji Suzuki

We study a family of distance functions on rankings that allow for asymmetric treatments of alternatives and consider the distinct relevance of the top and bottom positions for ordered lists. We provide a full axiomatic characterization of…

Computer Science and Game Theory · Computer Science 2024-03-28 Andrea Aveni , Ludovico Crippa , Giulio Principi

Pairwise comparison matrices often exhibit inconsistency, therefore many indices have been suggested to measure their deviation from a consistent matrix. A set of axioms has been proposed recently that is required to be satisfied by any…

Artificial Intelligence · Computer Science 2020-05-28 László Csató

Cluster analysis has attracted more and more attention in the field of machine learning and data mining. Numerous clustering algorithms have been proposed and are being developed due to diverse theories and various requirements of emerging…

Machine Learning · Computer Science 2016-01-18 Jian Yu , Zongben Xu

The selection of the best classification algorithm for a given dataset is a very widespread problem. It is also a complex one, in the sense it requires to make several important methodological choices. Among them, in this work we focus on…

Machine Learning · Computer Science 2012-07-18 Vincent Labatut , Hocine Cherifi
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