文章基本信息

标题：Goodness-of-Fit: An Economic Approach
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作者：Frank A Cowell ; Emmanuel Flachaire ; Sanghamitra Bandyopadhyay 等
期刊名称：Japanese Studies Programme Papers
出版年度：2009
出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：Specific functional forms are often used in economic models of distributions; goodness-of-fit measures are used to assess whether a functional form is appropriate in the light of real-world data. Standard approaches use a distance criterion based on the EDF, an aggregation of differences in observed and theoretical cumulative frequencies. However, an economic approach to the problem should involve a measure of the information loss from using a badly-fitting model. This would involve an aggregation of, for example, individual income discrepancies between model and data. We provide an axiomatisation of an approach and applications to illustrate its importance
关键词：goodness of fit; discrepancy; income distribution; inequality ;measurement