A note on convex stochastic dominance
نویسندگان
چکیده
منابع مشابه
A note on convex stochastic dominance
In this paper, we extend Fishburn’s convex stochastic dominance theorem to include any distribution function. This paper also considers risk takers as well as risk averters, and discusses third order stochastic dominance. We apply separation and representation theorems to obtain a concise alternative proof of the theorem. Our results are used to extend a theorem of Bawa et.al. on comparison bet...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 1999
ISSN: 0165-1765
DOI: 10.1016/s0165-1765(98)00231-6