Gao, Jianwei; Zhao, Feng; Gu, Yundong - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-1, pp. 1-15
second degree stochastic dominance, proposed by Theorem 5 of Levy (Stochastic dominance and expected utility: Survey and … sufficient condition for one transformation dominating another is given. Next, the stochastic dominance criteria, proposed by … Meyer (Stochastic dominance and transformations of random variables, 1989) and developed by Levy (1992), are extended to the …