Stochastic Dominance and Applications to Finance, Risk and Economics - Songsak Sriboonchita, Wing-Keung Wong, Sompong Dhompongsa & Hung T. Nguyen

Stochastic Dominance and Applications to Finance, Risk and Economics

By Songsak Sriboonchita, Wing-Keung Wong, Sompong Dhompongsa & Hung T. Nguyen

  • Release Date: 2009-10-19
  • Genre: Finance

Description

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