Results 281 to 290 of about 1,005,083 (338)

Generalized Almost Stochastic Dominance

Operations Research, 2013
Almost 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.
Tsetlin, Ilia, Winkler, Robert L., Huang, Rachel J., Tzeng, Larry Y.   +3 more
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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
openaire   +2 more sources

Stochastic dominance and optimal portfolio [PDF]

Economics Letters, 2001
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
K. Dachraoui, G. Dionne
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METRIZATION OF STOCHASTIC DOMINANCE RULES [PDF]

International Journal of Theoretical and Applied Finance, 2012
We consider a new approach towards stochastic dominance rules which allows measuring the degree of domination or violation of a given stochastic order and represents a way of describing stochastic orders in general. Examples are provided for the n-th order stochastic dominance and stochastic orders based on a popular risk measure.
Stoyanov, S. V., Rachev, S. T., Fabozzi, F. J.   +2 more
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Multivariate robust second-order stochastic dominance and resulting risk-averse optimization

Optimization, 2019
By utilizing a min-biaffine scalarization function, we define the multivariate robust second-order stochastic dominance relationship to flexibly compare two random vectors.
Zhiping Chen, Yu Mei, Jia Liu
semanticscholar   +1 more source

Estimating Technical Efficiency and Production Risk under Contract Farming: A Bayesian Estimation and Stochastic Dominance Methodology

Journal of Agricultural Economics, 2018
We investigate production risk, technical efficiency and risk attitudes amongst contract and independent farmers. We use a Bayesian parametric approach and stochastic dominance quantile regression methods to compare technical efficiency and risk attitude
A. Mishra, A. Rezitis, M. Tsionas
semanticscholar   +1 more source

An integrated method for product ranking through online reviews based on evidential reasoning theory and stochastic dominance

Information Sciences, 2022
Jindong Qin, Mingzhi Zeng
semanticscholar   +1 more source

Partial Stochastic Dominance [PDF]

, 2014
The stochastic dominance ordering over probability distributions is one of the most familiar concepts in economic and financial analysis. One difficulty with stochastic dominance is that many distributions are not ranked at all, even when arbitrarily close to other distributions that are.
Takashi Kamihigashi, John Stachurski
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Stochastic Dominance on Unidimensional Grids

Mathematics of Operations Research, 1995
Special stochastic-dominance relations for probability distributions on a finite grid of evenly-spaced points are considered. The relations depend solely on iterated partial sums of grid-point probabilities and are very computer efficient. Their corresponding classes of utility functions for expected-utility comparisons consist of functions defined on
Fishburn, Peter C., LaValle, Irving H.
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Stochastic Dominance of Pension Plans

Metroeconomica, 2003
We compare different possibilities to reform a funded pension plan, whose balance is threatened by a decrease in mortality rates. Since the plan is mandatory, the welfare of employees might be reduced if contributions increase or if the retirement age is raised. An empirical study of Israeli data shows that a reform which decreases the pension benefits
openaire   +1 more source