Multivalued Stop-Loss Stochastic Dominance Test

• Authors: Trzpiot, Grażyna

Abstracts

EN

Stochastic Dominance tests can be employed to assist decision-makers in ordering uncertain alternatives. Thes tests require specification of alternatives probability distributions and the assumption of the utility function of the decision-maker. With these assumptions, decision alternatives can be partitioned into classes by stochastic dominance or inverse stochastic dominance (stop-loss dominance). This paper notices procedures to identify this class of alternatives in case of multivalued probability distributions.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2000
• Volume: 152

Dates

published

2000

Contributors

author

Trzpiot, Grażyna

other

Academy of Economics, Department of Econometrics, Katowice

Identifiers

URI

http://hdl.handle.net/11089/19382