Guo, Xu; Zhu, Xuehu; Wong, Wing-Keung; Zhu, Lixing - In: Economics Letters 121 (2013) 2, pp. 252-256
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...