-order risk-seeking SD (RSD) alone for any two prospects is not sufficient to imply Omega ratio dominance insofar that the Omega … ratio of one asset is always greater than that of the other one. We extend the theory of risk measures by proving that the …

. We compare the optimal output levels of regret-averse firms with purely risk- averse firms under uncertainty and firms …Previous studies focused on the comparison of the optimal output levels of regret- averse firms under uncertainty and … under certainty. We first show that the linear-regret firms will surely produce more than their purely risk …