Stochastic Dominance and Applications to Finance, Risk and Economics

Stochastic Dominance and Applications to Finance, Risk and Economics

Auteur: Hung T. Nguyen, Songsak Sriboonchita, Wing-Keung Wong, Sompong Dhompongsa
Éditeur: CRC Press
Édition: 1
Année de publication: 2009
ISBN: 9781420082661

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Drawing from many sources in the literature, Stochastic Dominance and Applications to Finance, Risk and Economics illustrates how stochastic dominance (SD) can be used as a method for risk assessment in decision making. It provides basic background on SD for various areas of applications. Useful Concepts and Techniques for Economics ApplicationsThe

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