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Comparing the chosen: Selection bias when selection is competitive

Abstract:

Consider a decision maker who selects between paired random draws from two unconditional distributions, always selecting the larger draw in the pair. When will the resulting selection-conditioned distributions be ordered by first-order stochastic or monotone likelihood-ratio dominance? In various guises, this question arises in many economic contexts—tournaments, contests, auctions, cheap-talk games, announcement returns, qualitative choice models, and treatment effects under self-selection. ...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
https://doi.org/10.1086/704076

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Institution:
University of Oxford
Division:
SSD
Department:
Saïd Business School
Oxford college:
Balliol College
Role:
Author
ORCID:
0000-0003-4068-1202
Publisher:
University of Chicago Press
Journal:
Journal of Political Economy More from this journal
Volume:
128
Issue:
1
Pages:
342-390
Publication date:
2019-12-06
Acceptance date:
2018-11-09
DOI:
EISSN:
1537-534X
ISSN:
0022-3808
Language:
English
Keywords:
Pubs id:
pubs:942221
UUID:
uuid:60657664-692c-4b74-88f4-de2c950c2df4
Local pid:
pubs:942221
Source identifiers:
942221
Deposit date:
2018-11-14

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