Showing 1 - 10 of 7,968
Persistent link: https://www.econbiz.de/10010926710
Persistent link: https://www.econbiz.de/10010927212
Persistent link: https://www.econbiz.de/10010927579
Persistent link: https://www.econbiz.de/10010675042
Persistent link: https://www.econbiz.de/10010675132
Persistent link: https://www.econbiz.de/10010675250
Persistent link: https://www.econbiz.de/10010675495
Persistent link: https://www.econbiz.de/10010703823
Consider a simple two-state risk with equal probabilities for the two states. In particular, assume that the random wealth variable Xi dominates Yi via ith-order stochastic dominance for i = M,N. We show that the 50-50 lottery [XN + YM, YN + XM] dominates the lottery [XN + XM, YN + YM] via (N +...
Persistent link: https://www.econbiz.de/10012768347
Persistent link: https://www.econbiz.de/10005306727