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Persistent link: https://www.econbiz.de/10011774088
Persistent link: https://www.econbiz.de/10011774089
We decompose the generalized Lorenz order into a size and a distribution component. The former is represented by stochastic dominance, the latter by the standard Lorenz order. We show that it is always possible, given generalized Lorenz dominance between two distributions F and G, to find...
Persistent link: https://www.econbiz.de/10005766062