Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10011405284
Constructing portfolios based on second-order stochastic dominance (SSD) is theoretically attractive since all risk-averse investors would prefer a dominating portfolio. However, choosing among SSD efficient portfolios is a challenge without an obvious ranking metric. We explore a particular...
Persistent link: https://www.econbiz.de/10013095846