Continua of Stochastic Dominance Relations for Bounded Probability Distributions.

Abstract

Notions of first degree and second degree stochastic dominance in decision making under risk have been developed and used for more than a decade. This report extends these notions to Alpha-degree stochastic dominance for every real number Alpha equal to or greater than unity. The extensions are accomplished using a standard version of fractional integral, and classes of utility functions that are congruent with the stochastic dominance relations are identified. (Author)

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1976
Accession Number
ADA029656

Entities

People

  • Peter C. Fishburn

Organizations

  • Pennsylvania State University

Tags

DTIC Thesaurus Topics

  • Integrals
  • Mathematics
  • Numbers
  • Probability
  • Probability Distributions
  • Real Numbers

Readers

  • Statistical inference.
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.