Checking bivariate first order dominance

We consider the problem of checking first order dominance for finite bivariate distributions. We observe that this can be formulated as a special bipartite network problem related to the classical transportation problem. We exploit this observation to develop a new characterization of first order dominance and fast dominance-checking algorithms.

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Year of publication:	2013-05-27
Authors:	Range, Troels Martin ; Østerdal, Lars Peter
Institutions:	Institut for Virksomhedsledelse og Økonomi, Syddansk Universitet
Subject:	Multidimensional first order dominance \| usual stochastic order \| characterization \| network problem \| checking algorithm

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Extent:	application/pdf
Series:	Discussion Papers of Business and Economics.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Discussion Papers of Business and Economics Number 9/2013 18 pages
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; I31 - General Welfare; Basic Needs; Quality of Life
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010660297