Tests for the Second Order Stochastic Dominance Based onL-Statistics

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Electricity Procurement for Large Consumers with Second Order Stochastic Dominance Constraints

This paper presents a decision making approach for mid-term scheduling of large industrial consumers based on the recently introduced class of Stochastic Dominance (SD)- constrained stochastic programming. In this study, the electricity price in the pool as well as the rate of availability (unavailability) of the generating unit (forced outage rate) is considered as uncertain parameters. Th...

متن کامل

Tests for stochastic orders and mean order statistics

The aim of this note is to emphasize the fact, not observed previously in the literature, that many discrepancy measures used in tests related to different stochastic orders can be expressed as expectations of order statistics. In this way, we provide a new meaning to the corresponding test statistics which allows us to understand better, and potentially improve, the testing procedures. As illu...

متن کامل

Estimation of Distribution Functions under Second Order Stochastic Dominance

The concept of stochastic ordering as introduced by Lehmann (1955) plays a major role in the theory and practice of statistics, and a large body of existing statistical work concerns itself with the problem of estimating distribution functions F and G under the constraint that F (x) ≤ G(x) for all x. Nevertheless in economic theory, the weaker concept of second order stochastic dominance plays ...

متن کامل

Stability analysis of stochastic programs with second order dominance constraints

In this paper we present stability analysis of a stochastic optimization problem with stochastic second order dominance constraints. We consider perturbation of the underlying probability measure in the space of regular measures equipped with pseudometric discrepancy distance ( [36]). By exploiting a result on error bound in semi-infinite programming due to Gugat [14], we show under the Slater ...

متن کامل

Optimal Path Problems with Second-Order Stochastic Dominance Constraints

This paper studies optimal path problems integrated with the concept of second order stochastic dominance. These problems arise from applications where travelers are concerned with the trade off between the risks associated with random travel time and other travel costs. Risk-averse behavior is embedded by requiring the random travel times on the optimal paths to stochastically dominate that on...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of Business & Economic Statistics

سال: 2011

ISSN: 0735-0015,1537-2707

DOI: 10.1198/jbes.2010.07224