Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10001715869
Persistent link: https://www.econbiz.de/10001825980
Persistent link: https://www.econbiz.de/10001827386
Persistent link: https://www.econbiz.de/10002243313
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/10003790970
Persistent link: https://www.econbiz.de/10003856251
Persistent link: https://www.econbiz.de/10008807601
Persistent link: https://www.econbiz.de/10008649436
Persistent link: https://www.econbiz.de/10015136123
Persistent link: https://www.econbiz.de/10014447565