A note on almost stochastic dominance

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 121
Issue: 2
Pages: 252-256

Authors (4)

Guo, Xu (not in RePEc) Zhu, Xuehu (not in RePEc) Wong, Wing-Keung (Asia University) Zhu, Lixing

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Both the expected-utility maximization and the hierarchy property are very important properties in stochastic dominance. For almost stochastic dominance, Leshno and Levy (2002) propose a definition and Tzeng et al. (2013) modified it to give another definition. This note provides more information on the two definitions. The former has the hierarchy property but not the expected-utility maximization, whereas the latter has the expected-utility maximization but not the hierarchy property.

Technical Details

RePEc Handle
repec:eee:ecolet:v:121:y:2013:i:2:p:252-256
Journal Field
General
Author Count
4
Added to Database
2026-01-29