Raaj Sah, Professor at the University of Chicago
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​Comparative properties of sums of independent
binomials with different parameters

Raaj Kumar Sah

Economic Letters, Volume 31, Issue 1, November 1989, pages 27-30.

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ABSTRACT

This paper presents some results on how certain kinds of changes in parameters induce a first-order stochastic change in the sums of independent binomials with different parameters. These results are useful for qualitative economic analysis. For example, in situations in which a decision-making unit receives observations from a variety of sources or subsamples, these results help predict the effects of changes in the composition and sizes of subsamples on the economic variables under consideration.