A note on convex stochastic dominance

被引：47
作者：
Wong, WK
Li, CK
机构：
[1] Natl Univ Singapore, Dept Econ, Singapore 11960, Singapore
[2] Coll William & Mary, Dept Math, Williamsburg, VA 23187 USA
来源：
ECONOMICS LETTERS | 1999年 / 62卷 / 03期
关键词：
ascending stochastic dominance; descending stochastic dominance; convex stochastic dominance; risk takers; risk averters;
D O I：
10.1016/S0165-1765(98)00231-6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Fishburn's convex stochastic dominance theorem is extended to cover arbitrary distributions. Third-order stochastic dominance, and situations for risk takers (averters) are discussed. A result on convex combinations of several continuous distributions is also generalized. (C) 1999 Elsevier Science S.A. All rights reserved.
引用
收藏
页码：293 / 300
页数：8
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