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Persistent link: https://www.econbiz.de/10009624503
We consider a new approach towards stochastic dominance rules which allows measuring the degree of domination or violation of a given stochastic order and represents a way of describing stochastic orders in general. Examples are provided for the n-th order stochastic dominance and stochastic...
Persistent link: https://www.econbiz.de/10010540275