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Multi-Period Stochastic Dominance

Management Science, 1974
First degree stochastic dominance rules for uncertain options (distributions of returns) have been developed for the following two cases: (a) multi-period additive utility functions, (b) univariate utility functions and compound distributions of returns.
Haim Levy, Jacob Paroush
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Stochastic Dominance [PDF]

open access: possible, 1990
We develop in this paper a systematic study of the stochastic dominance ordering in spaces of measures. We collect and present in an orderly fashion, results that are spread out in the Applied Probability and Mathematical Economics literature, and extend most of them to a somewhat broader framework.
openaire   +1 more source

Stochastic Dominance in Human Capital

Journal of Political Economy, 1980
The paper considers the choice between two finite income paths that are subject to random variations. It is shown that if one income path, X, has more cumulative variation at the outset and less variation toward the end than another income path, Y, then X dominates Y in the sense that (almost) every decision maker prefers X to Y.
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Stochastic Dominance in Regret Theory

The Review of Economic Studies, 1990
The regret theory of choice under uncertainty is known to admit intransitivities in preference relations. In this paper, the stochastic dominance properties of the theory are examined. It is shown that the usual definition of first stochastic dominance is not satisfied by regret-theoretic preferences and that, in general, violations of first stochastic
openaire   +4 more sources

Stochastic Dominance.

The Journal of the Operational Research Society, 1979
Derek W. Bunn   +2 more
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A Note on Almost Stochastic Dominance and Generalized Almost Stochastic Dominance

SSRN Electronic Journal, 2014
Xu Guo, Wing-Keung Wong, Lixing Zhu
openaire   +1 more source

Revisiting Almost Second-Degree Stochastic Dominance

Management Science, 2013
Rachel J Huang   +2 more
exaly  

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