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Integration of Reconfigurable p‐Bit and 1R Crossbar Array for Memristive Probabilistic Computing
A memristive probabilistic computing system is demonstrated by integrating stochastic p‐bits based on volatile memristors with a 1R crossbar array encoding interaction weights. The system performs weighted‐sum operations across the array and updates p‐bits iteratively.
Keunho Soh +7 more
wiley +1 more source
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Fractional Degree Stochastic Dominance
Management Science, 2020We develop a continuum of stochastic dominance rules for expected utility maximizers. The new rules encompass the traditional integer-degree stochastic dominance; between adjacent integer degrees, they formulate the consensus of individuals whose absolute risk aversion at the corresponding integer degree has a negative lower bound.
Rachel J Huang, Larry Tzeng, Lin Zhao
exaly +3 more sources
Stochastic Dominance and Moments of Distributions
Mathematics of Operations Research, 1980Stochastic dominance orders of all finite degrees are defined on the set of distribution functions on the nonnegative real numbers in terms of integrals of the distributions. It is proved that if F strictly nth-degree stochastically dominates G, and if the moments of F and G through order n are finite with μFk = ∫Xk dF (x), then (μF1, …, μFn) ≠ (μG1, …
exaly +4 more sources
Marginal Conditional Stochastic Dominance
Management Science, 1994This paper introduces the concept of Marginal Conditional Stochastic Dominance (MCSD), which states the conditions under which all risk-averse individuals, when presented with a given portfolio, prefer to increase the share of one risky asset over that of another. MCSD rules also answer the question of whether all risk-averse individuals include a new
Haim Shalit, Shlomo Yitzhaki
exaly +3 more sources
The Journal of Finance, 1982
IN THE LATE 1960s and 1970s, the Stochastic Dominance (SD) efficiency analysis framework was extensively developed and applied mainly to portfolio selection problems. The three basic decision criteria in this framework are the First, Second, and Third Degree Stochastic Dominance rules (hereafter FSD, SSD, and TSD, respectively). In most previous proofs
Kroll, Yoram, Levy, Haim
openaire +1 more source
IN THE LATE 1960s and 1970s, the Stochastic Dominance (SD) efficiency analysis framework was extensively developed and applied mainly to portfolio selection problems. The three basic decision criteria in this framework are the First, Second, and Third Degree Stochastic Dominance rules (hereafter FSD, SSD, and TSD, respectively). In most previous proofs
Kroll, Yoram, Levy, Haim
openaire +1 more source
Tractable Almost Stochastic Dominance
European Journal of Operational Research, 2012zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Andrey Lizyayev, Andrzej Ruszczynski
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The concept of stochastic dominance is defined, and its relation to welfare, poverty, and income inequality explained. A brief discussion is provided of how statistical inference may be performed for hypotheses relating to stochastic dominance.
Russell Davidson
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Multivariate Stochastic Dominance and Moments
Mathematics of Operations Research, 1991The sequence ≥nd of nth degree stochastic dominances for d-dimensional distribution functions is defined. It is shown that, under some regularity conditions, ≥nd implies ≥nd−1 for the (d − 1)-dimensional marginals. Also some necessary conditions for ≥nd are established.
G. L. O'Brien, SCARSINI, MARCO
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The concept of stochastic dominance is defined, and its relation to welfare, poverty, and income inequality explained. A brief discussion is provided of how statistical inference may be performed for hypotheses relating to stochastic dominance.
openaire +1 more source
Generalized Almost Stochastic Dominance
Operations Research, 2013Almost stochastic dominance allows small violations of stochastic dominance rules to avoid situations where most decision makers prefer one alternative to another but stochastic dominance cannot rank them. While the idea behind almost stochastic dominance is quite promising, it has not caught on in practice.
Ilia Tsetlin +3 more
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