| 书目名称 | Stochastic Dominance | | 副标题 | Investment Decision | | 编辑 | Haim Levy | | 视频video | | | 概述 | Fully revised 3rd Edition investigates and compares different approaches and presents many examples for investment decision-making under uncertainty.Establishes a new investment decision rule prospect | | 图书封面 |  | | 描述 | .This fully updated third edition is devoted to the analysis of various Stochastic Dominance (SD) decision rules. It discusses the pros and cons of each of the alternate SD rules, the application of these rules to various research areas like statistics, agriculture, medicine, measuring income inequality and the poverty level in various countries, and of course, to investment decision-making under uncertainty. The book features changes and additions to the various chapters, and also includes two completely new chapters. One deals with asymptotic SD and the relation between FSD and the maximum geometric mean (MGM) rule (or the maximum growth portfolio). The other new chapter discusses bivariate SD rules where the individual’s utility is determined not only by his own wealth, but also by his standing relative to his peer group. .Stochastic Dominance: Investment Decision Making under Uncertainty, 3.rd. Ed.. covers the following basic issues: the SD approach, asymptotic SD rules, the mean-variance (MV) approach, as well as the non-expected utility approach. The non-expected utility approach focuses on Regret Theory (RT) and mainly on prospect theory (PT) and its modified version, cumula | | 出版日期 | Book 2016Latest edition | | 关键词 | Cumulative Prospect Theory; Mean-Variance Approach; Non-Expected Utility; Prospect Stochastic Dominance | | 版次 | 3 | | doi | https://doi.org/10.1007/978-3-319-21708-6 | | isbn_softcover | 978-3-319-33059-4 | | isbn_ebook | 978-3-319-21708-6 | | copyright | Springer International Publishing Switzerland 2016 |
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发表于 2025-3-21 17:19:55
