Centro de Documentación de Fundación MAPFRE - Multivariate almost stochastic dominance

MAP20180020087

Multivariate almost stochastic dominance / Ilia Tsetlin, Robert L. Winkler

Sumario: Almost stochastic dominance allows small violations of stochastic dominance rules to avoid situations where most decision makers prefer one alternative to another but stochastic dominance cannot rank them. We present the concepts of multivariate almost stochastic dominance and multivariate almost nth-degree risk and their connections with a preference for combining good with bad. Then, we show how a preference for combining good with bad can be applied to obtain various comparative statics results, and we extend our approach to risk-prone (convex) stochastic dominance, which relates to the opposite preference, for combining good with good and bad with bad

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/06/2018 Volumen 85 Número 2 - junio 2018 , p. 431-445

1. Riesgo actuarial . 2. Análisis de riesgos . 3. Modelo estocástico . 4. Matemática del seguro . 5. Modelos actuariales . I. Winkler, Robert L. . II. Título.