Kijima, Masaaki; Ohnishi, Masamitsu - In: Mathematical Methods of Operations Research 50 (1999) 2, pp. 351-372
Stochastic orders and inequalities are very useful tools in various areas of economics and finance. The purpose of this paper is to describe main results obtained so far by using the idea of stochastic orders in financial optimization. Especially, the emphasis is placed on the demand and shift...