Hardaker, J. Brian; Richardson, James W.; Lien, Gudbrand D. - In: Australian Journal of Agricultural and Resource Economics 48 (2004) 2
A method of stochastic dominance analysis with respect to a function (SDRF) is described and illustrated. The method, called stochastic efficiency with respect to a function (SERF), orders a set of risky alternatives in terms of certainty equivalents for a specified range of attitudes to risk....