Zastosowanie prawie dominacji stochastycznych w preselekcji akcji

• Authors: Ewa Michalska , Renata Dudzińska-Baryła

Title variants

EN

Almost Stochastic Dominance in Stocks Preselection

• Languages of publication: PL

Abstracts

EN

The stochastic dominance rules are a very popular tool in the support of decision making in various fields of economics and management. However the selection of the best alternative on the basis of stochastic dominance is sometimes impossible due to incomparability of alternatives. Some particular properties of almost second degree stochastic dominance (which stochastic dominance do not posses) allow to compare all elements of the set of random alternatives and to build a ranking of them. The aim of the article is to propose a stocks preselection method based on almost stochastic dominance. Our method allow to determine the set of the best stocks and thereby to reduce the number of stocks as a potential elements of a portfolio. Such reduction is very important nowadays because with every year more and more stocks are quoted on Stock Exchange in Warsaw.

Keywords

PL

Dominacja stochastyczna; Modele stochastyczne; Portfel akcji; Portfel inwestycyjny

EN

Equity portfolios; Investment portfolio; Stochastic dominance; Stochastic models

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 162
• Pages: 158-167

Contributors

author

Ewa Michalska

author

Renata Dudzińska-Baryła

References

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Identifiers

ISSN

2083-8611