Multivariate Discrete First Order Stochastic Dominance [PDF]
, 2007 This paper characterizes the principle of first order stochastic dominance in a multivariate discrete setting. We show that a distribution f first order stochastic dominates distribution g if and only if f can be obtained from g by iteratively shifting density from one outcome to another that is better.
Tarp, Finn, Østerdal, Lars Peter
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A Comparison of Five Models that Predict Violations of First-Order Stochastic Dominance in Risky Decision Making [PDF]
Journal of Risk and Uncertainty, 2005 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
M. Birnbaum
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Individual and group decision making under risk: An experimental study of Bayesian updating and violations of first-order stochastic dominance [PDF]
Journal of Risk and Uncertainty, 2006 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Charness, Gary, Karni, Edi, Levin, Dan
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IET Generation, Transmission & Distribution, 2017 Distribution systems of the future will definitely encompass numerous distributed energy resources, and thereby, the physical connection and commercial contribution among virtual power plants (VPPs) will be inevitable. Accordingly, this study proposes a methodology to address the trading strategies of a VPP in cooperation with its neighbouring VPPs ...
Morteza Shabanzadeh +2 more
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arXiv.orgThis paper introduces and formally verifies a novel geometric framework for first-order stochastic dominance (FSD) in $N$ dimensions using the Lean 4 theorem prover. Traditional analytical approaches to multi-dimensional stochastic dominance rely heavily on complex measure theory and multivariate calculus, creating significant barriers to formalization
Jingyuan Li
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Complexity of Minimizing Projected-Gradient-Dominated Functions with Stochastic First-order Oracles
arXiv.orgThis work investigates the performance limits of projected stochastic first-order methods for minimizing functions under the $(α,τ,\mathcal{X})$-projected-gradient-dominance property, that asserts the sub-optimality gap $F(\mathbf{x})-\min_{\mathbf{x}'\in \mathcal{X}}F(\mathbf{x}')$ is upper-bounded by $τ\cdot\|\mathcal{G}_{η,\mathcal{X}}(\mathbf{x})\|^
Masiha, Saeed +4 more
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Application of Stochastics Dominance via Quantile Regression in Analysis of Arbitrage Opportunities Market Efficiency and Investors Preferences [PDF]
تحقیقات مالی, 2021 Objective: The stochastic dominance theory has extensively employed in various financial fields because it is not necessary to assume a specific distribution of returns, such as normal distribution.
Moslem Peymany Foroushany +2 more
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A proof of first-order stochastic dominance for quantity constrained oligopolies [PDF]
, 1994 In this paper a proof for First Order Stochastic Dominance for capacity constrained oligopolies exhibiting equilibrium in mixed strategies is derived. The result is an extension of Levitan and Shubik (1972) where they derive the mixed strategy equilibrium for quantity constrained oligopolies.
Kujal, Praveen
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The concept of stochastic dominance in ranking investment alternatives [PDF]
Ekonomski Anali, 2005 In order to rank investments under uncertainty, the most widely used method is mean variance analysis. Stochastic dominance is an alternative concept which ranks investments by using the whole distribution function.
Trifunović Dejan
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Fundamentals Rating Based on the Additive Ratio Assessment (ARAS) and Stochastic Utility of Investors: Evidences from Tehran Stock Exchange [PDF]
چشمانداز مدیریت صنعتی, 2019 Given the variety of factors influencing on financial decision making and subjective nature of the most decisions is only part of their features associated with Multi-Criteria Decision Making.
Fatemeh Bayazidi +2 more
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