Results 81 to 90 of about 111,672 (179)
Pseudo Stochastic Dominance. Applications [PDF]
, 2011 The aim of this work is to show that on certain ocasions classic decision rules used in the context of options (Stochastic Dominance criteria and Mean-Variance rules) do not provide a selection of one specific option over the other, therefore, the need of working with other criteria that can help us in our choice.
openaire +3 more sources
Risky Decision making: Testing for violations of transitivity predicted by an editing mechanism [PDF]
Judgment and Decision Making, 2016 Transitivity is the assumption that if a person prefers A to B and B to C, then that person should prefer A to C. This article explores a paradigm in which Birnbaum, Patton and Lott (1999) thought people might be systematically intransitive.
Michael H. Birnbaum +4 more
doaj
A GENERALIZED STOCHASTIC DOMINANCE PROGRAM FOR THE IBM PC [PDF]
A microcomputer program to perform Generalized Stochastic Dominance (GSD), Quasi-Second Degree Dominance (SSD), and Quasi-First Degree Stochastic Dominance (FSD) is described.
Cochran, Mark J. +3 more
core +1 more source
Tests for Almost Stochastic Dominance
Journal of Business & Economic StatisticsWe introduce a 2-dimensional stochastic dominance (2DSD) index to characterize both strict and almost stochastic dominance. Based on this index, we derive an estimator for the minimum violation ratio (MVR), also known as the critical parameter, of the almost stochastic ordering condition between two variables.
Amparo Baíllo +2 more
openaire +2 more sources
Enhancing Portfolio Decarbonization Through SensitivityVaR and Distorted Stochastic Dominance
RisksRecent trends in portfolio management emphasize the importance of reducing carbon footprints and aligning investments with sustainable practices. This paper introduces Sensitivity Value-at-Risk (SensitivityVaR), an advanced distortion risk measure that ...
Aniq Rohmawati +3 more
doaj +1 more source
Testing for Mobility Dominance [PDF]
This paper proposes tests for stochastic dominance in mobility based on the empirical likelihood ratio. Two views of mobility are considered, either based on measures of absolute mobility or on transition matrices.
Jean-Yves Duclos, Yélé Maweki Batana
core
Stochastic Dominance, Entropy and Biodiversity Management [PDF]
In this paper we develop a model of population dynamics using the Shannon entropy index, a measure of diversity that allows for global and specific population shocks.
Catherine M. Chambers +3 more
core
Poverty, Inequality and Stochastic Dominance, Theory and Practice: Illustration with Burkina Faso Surveys [PDF]
In this paper we provide a set of rules that can be used to check poverty or inequality dominance using discrete data. Existing theoretical rules assumes continuity in incomes or in percentiles of population.
Abdelkrim Araar
core
Utility Maximization, Risk Aversion, and Stochastic Dominance
, 2011 Consider an investor trading dynamically to maximize expected utility from terminal wealth. Our aim is to study the dependence between her risk aversion and the distribution of the optimal terminal payoff.
Beiglboeck, Mathias +2 more
core +1 more source
Whale Optimization Algorithm for Multiconstraint Second-Order Stochastic Dominance Portfolio Optimization. [PDF]
Comput Intell Neurosci, 2020 Zhai QH, Ye T, Huang MX, Feng SL, Li H.
europepmc +1 more source