Denuit, Michel M.; Eeckhoudt, Louis - In: Journal of Economic Theory 145 (2010) 5, pp. 2027-2036
This paper aims to extend the results by Ross (1981) [15] and by Modica and Scarsini (2005) [13] to stochastic dominance of degree 4 and over. Specifically, it is shown that Ross' approach can be extended to any order of risk attitude beyond the generalization proposed by Modica and Scarsini by...
