Cheng, Hsueh-Cheng; Magill, Michael J P; Shafer, Wayne J - In: International Economic Review 28 (1987) 2, pp. 493-507
This paper presents results on comparative statics for a class of decision problems under uncertainty. Necessary and sufficient conditions are derived for parameter changes and stochastically dominant shifts in the return in the two-asset portfolio problem. These results give conditions for the...