Liontakis, Angelos; Papadas, Christos T.; Tzouramani, Irene - 2010
approaches. This is the stochastic dominance approach, which is traditionally implemented in investment decision making …. Stochastic dominance analysis has many advantages, relative to the traditional methods for convergence analysis, as it is based …, stochastic dominance analysis offers the possibility to examine the whole distribution of per capita income and also to test for …